“BSP’s mandate is limited to the exchange of Philippine currency to Philippine banknotes and coins of any other denomination,” the central bank said in a statement.

The Bangko Sentral ng Pilipinas (BSP) highlighted the new polymer banknotes are “stronger, cleaner, and smarter.” ...

The Philippine peso ... divided each country’s total value of banknotes by its population." Based on these parameters the world’s most secure currency was found to be the Swiss franc, whose ...

The Philippine central bank's decision to keep its key policy rate steady was its way of hedging against global uncertainties ...

The 25-year sustainability note will yield 5.9% ... borrowers recently lured by tighter spreads to the US-currency debt market are Philippine lender Rizal Commercial Banking Corp. which raised ...

Authorities intervene in the currency market only when it is volatile, he added. The Philippine currency has weakened by about 1% against the dollar so far this year, among the worst performers in ...

MANILA, Philippines — The Supreme Court has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act 6426, also known as the Foreign Currency Deposit Act of the ...

THE PHILIPPINES and Japan have renewed a bilateral currency swap arrangement, which will boost financial stability and cooperation between the two countries, the Bangko Sentral ng Pilipinas (BSP) said ...

MANILA, Philippines — The Bureau of Customs (BOC) has confiscated undeclared foreign currency worth P24.20 million at the Ninoy Aquino International Airport (NAIA) Terminal 3. BOC personnel ...