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THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
948 x 535 px AdobeStock_433552847
Economic Updates
Monthly Economic Update: Fed cuts incoming   
June 30, 2025 DOWNLOAD
equities-3may23-2
Consensus Pricing
Consensus Pricing – June 2025
June 25, 2025 DOWNLOAD
Two people discussing a chart on a tablet
Economic Updates
Policy Rate Update: Dovish BSP Narrows IRD 
June 19, 2025 DOWNLOAD
View all Reports
BusinessWorld 1 MIN READ

BSP sees room to intervene in forex market – deputy gov

August 23, 2023By BusinessWorld
Related Articles
Peso expected to remain weak versus dollar until next month August 29, 2023 Stocks rise on bargain hunting, US inflation data March 14, 2025 Maharlika fund’s rules finalized, says Marcos November 6, 2023

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

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