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More articles about: Bangko Sentral ng Pilipinas
PSA.
Communications and accounts specialist Jonathan de Vera said he accidentally shrunk a P1,000 polymer bill while ironing his jeans. That's hard-earned money allotted for his college tuition down the drain.Polymer banknotes are made of plastic and while it can resist damage from ...
Unfortunately, we haven't seen it peak just yet.
Philippine inflation has gotten much worse than we expected. According to the Philippine Statistics Authority and national statistician Dennis Mapa, the Philippines posted a 7.7-percent spike in October 2022. The last time we say this kind of number was back in December ...
The BSP says that the domestic inflation rate in September could hover around 6.6 to 7.4 percent.
The Bangko Sentral ng Pilipinas (BSP)'s latest forecast should serve as a warning about domestic inflation for the last quarter of 2022. While the nation's five-month-long inflation rate climb ended last August, the Philippine economy is likely to see the worst of it ...
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It’s not exactly a privilege.
Have you ever been driven to and from work on a bullet-proof vehicle? You’d think the privilege is only for VIPs but for several days in 2013, officers and staff of the Bangko Sentral ng Pilipinas (BSP)’s office in Zamboanga City in ...
We've never seen the Philippine peso fall to the 57 range.
As the world deals with rising costs of fuel, electricity, food, and more, the Philippines is caught in the crossfire of global inflation as it closes the day at a record-low P56.99 against the U.S. dollar.It beat the previous record back, which ...
He has filed a resolution.
With the Bangko Sentral ng Pilipinas (BSP) guidelines for the new P1000 polymer bills circulating online, Filipinos are questioning how sensitive the new banknote is. Some fear that they may end up paying the fine of P20,000 for violating any of the rules. Opposition ...
Counterfeiters hate polymer banknotes.
The Bangko Sentral ng Pilipinas (BSP) has released the country’s first polymer banknotes: the new P1,000 bill.According to the BSP, the new polymer banknote is a response to the pressing public health and safety concerns due to the COVID-19 pandemic. “Polymer bills can ...
This story has a happy ending.
We’ve all practically been conditioned to expect bad news whenever we scroll through our Facebook feeds, but for once, we have good, uplifting news for you. The Bangko Sentral ng Pilipinas (BSP) helped a 70-year-old ice delivery man recover P50,000 after his ...
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The moratorium will last for three years.
No new applications for digital banking licenses will be accepted after August 31, 2021, the Monetary Board of the Bangko Sentral ng Pilipinas announced on Thursday (August 19). The moratorium will take effect over the next three years so the BSP can ...
