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Inflation hits 4.9 percent in August

Rate of price increases accelerated to its fastest since January 2019 at 4.9 percent last August but the Bangko Sentral ng Pilipinas (BSP) maintains that inflation...

BSP: coin use drops, digital transactions increase due to Covid

The restrictions on the movement of people and products caused by the coronavirus disease 2019 (Covid-19) pandemic has resulted in the rise of digital payments and...

BSP: Financial crimes increase during pandemic

Fraudulent financial transactions, including those involving credit card usage, increased in 2020 during the pandemic, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. In...

Diokno: PH US$ reserves stable, peso stable

Bangkoks Sentral ng Pilipinas Governor Professor Benjamin Diokno says that dollar reserves of the country stands at US$ 89 billion. The financial position of...

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