Quantcast
Latest Stories
Home » Foreign exchange reserves You are browsing entries tagged with “Foreign exchange reserves”

Forex reserves recover in February

By
AFP FILE PHOTO

The country’s foreign exchange reserves recovered in February as foreign investors poured money back into the Philippines, relieving pressure for monetary officials to defend the peso from volatility.

Posted: March 7th, 2014 in Latest Business Stories | Read More »

PH seen weathering turmoil

By

The Philippines is expected to withstand the ill effects of the latest volatility in financial markets and remains poised to meet, if not surpass, its economic growth target for this year.

Posted: August 27th, 2013 in Headlines | Read More »

Dollar reserves seen to rise in July

By
AFP FILE PHOTO

The country’s foreign exchange reserves are expected to rise in July with the central bank buying dollars from the open market to keep the peso from appreciating too sharply.

Posted: July 25th, 2013 in Latest Business Stories | Read More »

Boost from BSP purchases to stem peso climb

By
AFP FILE PHOTO

The country’s foreign exchange reserves grew to $84.1 billion in March, driven partly by the central bank’s dollar purchases intended to help curb the peso’s appreciation.

Posted: April 5th, 2013 in Editor's Pick,Headlines | Read More »

PH salvation lies in export sector dev’t, says BSP

By
Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr.: Positive for global markets. FILE PHOTO

The Bangko Sentral ng Pilipinas wants an export sector development agenda drawn up to ensure that the country’s foreign exchange reserves remain at a healthy level in the face of worsening global economic conditions.

Posted: March 27th, 2013 in Editor's Pick,Headlines,Photos & Videos | Read More »

PH needs to continue growing GIR, research says

By
Most foreign portfolio investors divested their Philippine interests last month, letting go of holdings of listed shares, government IOUs and time deposits, and took their cash back to the United States. AFP FILE PHOTO

Despite the increases in the country’s foreign exchange reserves in the past several years, the current level and the recent rate of growth may not still be good enough in the “new normal” global economy that requires an aggressive build-up of war chest against the volatility of foreign capital flows, a research from Bank of the Philippine Islands suggested.

Posted: February 25th, 2013 in Latest Business Stories | Read More »

Peso slightly up on news of PH’s huge foreign reserves in January

By
Most foreign portfolio investors divested their Philippine interests last month, letting go of holdings of listed shares, government IOUs and time deposits, and took their cash back to the United States.

The peso ended Thursday’s trading slightly higher than previous day’s close after the central bank reported that the country’s foreign exchange reserves hit another all-time high in January.

Posted: February 7th, 2013 in Latest Business Stories | Read More »

BOP surplus hits $9.24B in end-2012

By

The country’s external liquidity remained solid in 2012, with the balance of payments registering another surplus and the foreign-exchange reserves hitting an all-time high, the Bangko Sentral ng Pilipinas has reported.

Posted: January 21st, 2013 in Headlines | Read More »

BSP sees no danger in forex buildup

By

The Bangko Sentral ng Pilipinas sees no danger in allowing the country to further build up its foreign exchange reserves, now at a record $84 billion.

Posted: January 3rd, 2013 in Editor's Pick,Headlines | Read More »

BSP expects forex reserves to hit new highs

By
FILE PHOTO

The country’s foreign exchange reserves are set to scale new heights this year and the next, as the Bangko Sentral ng Pilipinas expects the figure to hit $83 billion by the close of December, and $86 billion by end 2013.

Posted: December 4th, 2012 in Editor's Pick,Headlines | Read More »

GIR seen to set new records in ’13

By

The country’s foreign exchange reserves—now at a historic high of about $82 billion—may continue breaking records next year as expectations of faster economic growth and the probability of an investment grade fuel more dollar inflows.

Posted: November 1st, 2012 in Headlines | Read More »

BSP defends dollar accumulation

By

The Bangko Sentral ng Pilipinas on Wednesday defended itself against criticism that the country’s rising foreign exchange reserves have hit excessive and imprudent levels, saying the accumulation of dollars has actually aided the economy in withstanding external shocks.

Posted: October 4th, 2012 in Headlines | Read More »

Advertisement

News

  • US teacher fired over comment on black president
  • Magnitude-7.5 earthquake shakes Mexican capital
  • Title of new Hillary Clinton book: ‘Hard Choices’
  • Filipinos, Dutch re-enact crucifixion of Christ
  • 14 killed in car bombing in Homs
  • Sports

  • Nadal ousted by Ferrer in Monte Carlo quarters
  • Pacquiao shorts in Bradley fight sold for P1.7M in LA auction
  • Ryu pitches Dodgers past Giants
  • Alonso sets the pace in Chinese GP practice
  • Heat seek Three-peat but Spurs, Pacers top seeds
  • Lifestyle

  • Levine designs womenswear with help from fiancee
  • Gabriel Garcia Marquez, Nobel laureate, dies at 87
  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • Entertainment

  • Myx TV premieres Asian American ‘docu-series’
  • A nutty finale for ‘Scandal,’ TV’s craziest show
  • EXO postpones release of mini album ‘Overdose’
  • ‘X-men’ filmmaker slams ‘fabricated’ sex attack claims
  • Singer Chris Brown’s bodyguard on trial in DC
  • Business

  • US commerce secretary spells out economic facet of ‘pivot to Asia’
  • Italy sells luxury state cars on eBay
  • Asian shares mostly up in quiet trade
  • Dollar up in Asia on US jobs data, Ukraine deal
  • Barbie doll has a problem
  • Technology

  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Las Vegas ‘Pinoy Pride’ fest hails Filipino heritage
  • Marking Jesus’ journey on Good Friday
  • Filipina accomplice arrested for fake bills in Malaysia
  • DoH denies Filipino nurse no longer positive for MERS virus
  • WHO warns vs spread of MERS-Cov, urges vigilance in taking precautions
  • Marketplace
    Advertisement