Page 110 - Bsp News Today

The net inflow of foreign direct investments plummeted by 64.4 percent to a 14-month low of $460 million in July from $1.29 billion in the same month last year amid adverse global conditions, according to the Bangko Sentral ng Pilipinas.

Each time it seemed that the Samajwadi Party founder was down and out, he surprised all and sundry by springing back up with renewed gusto and vigour.

Made with very basic ingredients, this is a delicious old-fashioned apple cobbler. The apple filling is sweet with a hint of spice. The apples in this wonderful recipe literally seem

The Bangko Sentral ng Pilipinas is active in the foreign exchange market and selling strategically to prevent excessive volatility as the peso slumped to new record lows because of the continued strengthening of the dollar versus other currencies, its governor said.

The Bangko Sentral ng Pilipinas is set to finally adjust the rate cap and other charges imposed on credit card transactions due to the series of aggressive rate hikes to tame inflation and stabilize the peso.

The Bangko Sentral ng Pilipinas has ruled out another off-cycle move on monetary tightening for the rest of the year as it closely watches external developments, including the aggressive rate hikes by the US Federal Reserve.

A lawmaker has passed a resolution “strongly urging” the Bangko Sentral ng Pilipinas to retain the two percent maximum interest rates per month on outstanding balances in credit cards to help Filipino consumers cope with the soaring inflation rate.

The Bangko Sentral ng Pilipinas is ready to take further policy actions as inflation quickened anew to 6.9 percent in September from 6.3 percent in August.

The Bangko Sentral ng Pilipinas has outlined its legislative agenda for the 19th Congress to further promote the stability and ensure the soundness of the country’s banking and payment systems.

BSP to public: ‘Don’t take undue advantage of changing market conditions’