News and Features

Global Philippines Fine Living

INVESTMENT STRATEGY

Economy Stocks Bonds Currencies

THE BASICS

Investment Tips Explainers Retirement

2024 Mid-Year Economi Briefing, economic growth in the Philippines

2024 Mid-Year Economic Briefing: Navigating the Easing Cycle

Investing with Love

Investing with Love: A Mother’s Guide to Putting Money to Work

retirement-ss-3

Investor Series: An Introduction to Estate Planning

September 1, 2023

View All Webinars

Inflation, economy, central bank, BSP, monetary policy, interest rates

Economic Updates

Monthly Economic Update: Back-to-back cuts

Stocks growth may be muted in the coming weeks

Reports

Back-to-back cuts: BSP follows Fed action

Economic Updates

Inflation settles at 2.5% despite food-price uptick   

View all Reports

Metrobank.com.ph Contact Us

Follow us on our platforms.

Login

Access Exclusive Content

Login to Wealth Manager

BusinessWorld 1 MIN READ

BSP sees room to intervene in forex market – deputy gov

August 23, 2023

By BusinessWorld

The Bangko Sentral ng Pilipinas (BSP) could intervene in the foreign exchange market to prevent a repeat of what happened last year when the peso slumped close the 60 per US dollar level, a senior official said on Tuesday.

BSP Deputy Governor Francisco G. Dakila, Jr., speaking during a panel discussion ahead of ASEAN Finance Ministers and Central Bank Governors meeting in Indonesia, said “there is room to have intervention in the forex market.” — Reuters

This article originally appeared on bworldonline.com

Read More Articles About:

Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

Web Analytics