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7 hours ago · In a statement on Wednesday, FSCC Chairman and Bangko Sentral ng Pilipinas (BSP) Governor Dr. Eli M. Remolona Jr. said this despite “reassuring indicators” that point toward the country’s ...
7 hours ago · To recall, rice inflation has been on an uptrend since the latter part of 2023, hitting. 19.6% in December last year, and peaking at 24.4% in March. The April rice inflation. slightly went down to 23.9%, still an elevated level. The high rice inflation since December last year has caused rice prices to increase by.
1 day ago · The Financial Stability Coordination Council (FSCC) is closely monitoring the price and supply of energy-related products for their potential impact on the domestic economy. The Bangko Sentral ng Pilipinas-led FSCC, in its 39th executive committee meeting, recognized that global indicators of market volatility “remained low.” However, it underscored the volatility in global oil prices ...
7 hours ago · “[The] volatility in the price and supply of energy-related products can affect economic activity, while a high-for-long global interest rate situation will weigh on debt servicing in general,” said Bangko Sentral ng Pilipinas (BSP) governor Eli M. Remolona, Jr. during the latest meeting of the Financial Stability Coordiantion Council (FSCC).
8 hours ago · Philippine Peso (PHP) = Thailand Baht (THB) 5825007 Philippine Peso = 3,660,211 Thailand Baht. 5825007 PHP = 3,660,211 THB. As of Wednesday, May 29, 2024, 10:25 PM GMT. Swap currencies. Convert another currency pair. Group Converter. This Philippine Peso to Thailand Baht currency converter is updated with real-time rates every 15 minutes as of ...
7 hours ago · These are issues that the FSCC will continue to monitor,” stated FSCC Chairman and Bangko Sentral ng Pilipinas (BSP) Governor Dr. Eli M. Remolona, Jr. Dr. Remolona also emphasized the challenges posed by energy price volatility and prolonged high global interest rates on debt servicing, which the FSCC will closely monitor and address if ...
1 day ago · The Philippine Stock Exchange index (PSEi) fell by 1.38% or 89.93 points to finish at 6,411.41 on Wednesday, while the broader all shares index dropped by 0.94% or 33 points to end at 3,451.74. This was the PSEi’s worst finish since it closed at 6,404.97 on April 16. This was also below the market’s end-2023 close of 6,450.04. “The local ...
