News

BSP Rediscount Rates Effective 08 August 2024

PDate: 8/7/2024
Content: ​Effective 08 August 2024, the applicable rediscount rates for the Bangko Sentral ng Pilipinas (BSP) Peso Rediscount Facility and Exporters’ Dollar and Yen Rediscount Facility are as follows:a. Peso Rediscount Facility​Loan...
Read More
News
7 Aug 2024

End-July 2024 GIR Level Rises to US$105.65 Billion

PDate: 8/7/2024
Content: ​The country’s gross international reserves (GIR) level, based on preliminary data, rose to US$105.65 billion as of end-July 2024 from the end-June 2024 level of US$105.19 billion.1 The latest GIR level represents a more than a...
Read More
News
7 Aug 2024

Inflation Rises to 4.4 Percent in July

PDate: 8/6/2024
Content: ​Headline inflation increased to 4.4 percent in July from 3.7 percent in June. This is within the BSP’s forecast range of 4.0 – 4.8 percent for the month. The resulting year-to-date average of 3.7 percent was within the Governm...
Read More
News
6 Aug 2024

Bitcoin ETFs shed $168 million on 7% drop

Quick Take On Aug. 5, Bitcoin (BTC) suffered a significant 7% drawdown. The digital asset hit a local bottom at $49,000 before rallying to approximately $54,000 once the US markets opened. Data from Farside highlights substantial outflows from Bitcoin ETFs on this day, totaling $168.4 million. Leading the outflows were Grayscale’s GBTC with $69.1 million, […]
The post Bitcoin ETFs shed $168 million on 7% drop appeared first on CryptoSlate.
Read More
Cryptocurrency
6 Aug 2024