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Market read
The BSP is leaning toward continued tightening, meaning borrowing costs in the Philippines are likely to stay on an upward path. This stance aims to prevent inflation from becoming entrenched, which would affect household purchasing power and business costs.
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The Bangko Sentral ng Pilipinas (BSP) signaled it will keep raising interest rates moderately to keep inflation expectations in check.
The BSP is leaning toward continued tightening, meaning borrowing costs in the Philippines are likely to stay on an upward path. This stance aims to prevent inflation from becoming entrenched, which would affect household purchasing power and business costs.
Jin10·08/28, 09:16 AM
Philippine peso fell through 62 per USD to a record low on Friday; central bank reiterated it will intervene to counter disorderly conditions and extreme volatility, though the central bank governor stated policymakers will not defend a specific exchange rate level.
Jin10·08/19, 07:13 PM
The Philippines' central bank recorded a balance-of-payments deficit of $1.5 billion in July 2026.
Jin10·08/14, 11:47 AM
Low impactPhilippine President states the government is working to defend the Philippine peso.