First quarter dollar gap narrows with strong March inflow, says BSP

First quarter dollar gap narrows with strong March inflow, says BSP

The Philippines earned more dollars than it spent for the second consecutive month last March, which resulted in a narrower deficit of fund flows with other countries in the first quarter of this year, the central bank said on Tuesday (June 2). In a statement, the Bangko Sentral ng Pilipinas (BSP) said the country’s overall […]
BSP sees steady inflation rate in May

BSP sees steady inflation rate in May

The steady increase in fuel prices in May—after dropping sharply in the previous month at the height of the lockdown imposed to fight the coronavirus pandemic—may have pushed the country’s inflation rate to accelerate slightly, according to the central bank’s...