BSP Rediscount Rates Effective 08 October 2024

PDate: 10/7/2024
Content: ​Effective 08 October 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 ​L...
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Dumaguete City Rolls out Paleng-QR Ph Plus

PDate: 10/7/2024
Content:  Dumaguete City has joined Philippine towns and cities that have adopted Paleng-QR PH Plus, following the program’s launch at the Negros Oriental capital on 25 September 2024. The launch event, held at the city’s public m...
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September Inflation Drops Further to 1.9 Percent

PDate: 10/4/2024
Content: Year-on-year headline inflation dropped to 1.9 percent in September from 3.3 percent in August. This is below the BSP’s forecast range of 2.0 – 2.8 percent for the month. The resulting year-to-date average of 3.4 percent is wi...
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Dingalan, Aurora Launches Paleng-QR Ph Plus

PDate: 10/3/2024
Content: ​Dingalan, Aurora Mayor Shierwin H. Taay (left) uses QR PH to pay tricycle driver Joel Espinosa during the town’s rollout of Paleng-QR Ph Plus on 19 September 2024. Mayor Taay and Bangko Sentral ng Pilipinas (BSP) Cabanatuan B...
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Quezon Province Launches Paleng-QR Ph Plus

PDate: 10/1/2024
Content: ​Quezon Governor Angelina DL. Tan (third from left) and Bangko Sentral ng Pilipinas (BSP) South Luzon Regional Director Tomas J. Cariño, Jr. (far right) led the signing of the pledge of commitment to implement Paleng-QR Ph Plu...
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FCDU Lending Decreased in Q2 2024

PDate: 9/30/2024
Content: ​Outstanding loans granted by Foreign Currency Deposit Units (FCDU) of banks stood at US$15.63 billion as of end-June 2024, a decrease of US$438.58 million or by 2.7 percent from the end-March 2024 level of US$16.07 billion as...
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Month-Ahead Inflation Forecast for September 2024

PDate: 9/30/2024
Content: ​The BSP projects September 2024 inflation to settle within the range of 2.0 to 2.8 percent. Negative base effects along with lower prices of food commodities including rice, meat, and vegetables as well as lower domestic oil ...
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