Tag: Bangko Sentral ng Pilipinas

Economy

๐„๐ง๐-๐๐จ๐ฏ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐†๐ˆ๐‘ ๐‹๐ž๐ฏ๐ž๐ฅ ๐ซ๐ข๐ฌ๐ž๐ฌ ๐ญ๐จ ๐”๐’$ ๐Ÿ๐ŸŽ๐Ÿ.๐Ÿ‘-๐

The countryโ€™s gross international reserves (GIR) level, based on preliminary data, rose to US$101.3 billion as of end-November 2023

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Banking

๐…๐จ๐ซ๐ž๐ข๐ ๐ง ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ž๐ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐๐’๐ ๐ฒ๐ข๐ž๐ฅ๐ ๐ง๐ž๐ญ ๐จ๐ฎ๐ญ๐Ÿ๐ฅ๐จ๐ฐ๐ฌ ๐ข๐ง ๐Ž๐œ๐ญ๐จ๐›๐ž๐ซ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘

Transactions on foreign investments registered with the BSP, through AABs, in October 2023 recorded net outflows of US$328 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$954 million for the month. The recorded net outflows are smaller than the net outflows posted in September 2023 (US$698 million).

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National

๐๐’๐ ๐ž๐ง๐ฃ๐จ๐ข๐ง๐ฌ ๐‚๐ž๐ง๐ญ๐ซ๐š๐ฅ ๐‹๐ฎ๐ณ๐จ๐ง ๐ซ๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ฌ ๐ญ๐จ ๐๐จ ๐œ๐š๐ฌ๐ก๐ฅ๐ž๐ฌ๐ฌ ๐ญ๐ซ๐š๐ง๐ฌ๐š๐œ๐ญ๐ข๐จ๐ง๐ฌ

Bangko Sentral ng Pilipinas (BSP) urged Central Luzon residents to do cashless transactions by using various digital payment platforms.

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