lee chipongian

[lee chipongian @leecochip]

Bangko Sentral: We ask those who have the means not to take undue advantage of changing market conditions. This does not help the PH peso; it does not help the Philippines. @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral calls for calm in FX/spot market and warning traders against currency speculation in a rare attempt at moral suasion with peso poised to hit P60:$1 any day now @manilabulletin

[lee chipongian @leecochip]

Inflation eased to 6.3% in August from 6.4% in July, reported the Philippine Statistics Authority @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral ng Pilipinas Governor Felipe M. Medalla said there will be no more surprise rate hikes this year. BSP on July 14 implemented an off-cycle rate increase of 75 bps, raising the policy rate to 3.25% to reanchor inflation expectations @manilabulletin

[lee chipongian @leecochip]

continued: BSP Governor Felipe M. Medalla said a further tightening of monetary policy amid sustained and broadening price pressures is warranted to anchor inflation expectations @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral makes a surprise decision to raise benchmark rates by 75 bps today, bringing the BSP rate to 3.25% effective immediately @manilabulletin

[lee chipongian @leecochip]

Peso breached P56:$1 intraday today, July 7, based on Bankers Association of the Philippines’ spot market data @manilabulletin

[lee chipongian @leecochip]

Philippine inflation climbed to 6.1% in June, up from 5.4% in May, due to higher food prices including meat and non-alcoholic beverages — PSA @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral forecasts higher 2022 ave inflation of 5% and 4.2% in 2023; sees inflation returning to within the gov’t target range in 2024 at 3.3% @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral raises policy rates by 25 bps just now to 2.5%, second time in a row benchmark rates were increased this year @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral is reminding the public not to disclose personal and financial info to unverified callers, and be wary of fake calls allegedly from the BSP ⁦⁦@manilabulletin⁩

[lee chipongian @leecochip]

Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno said this morning that he has accepted his new position as Secretary of Department of Finance ⁦⁦@manilabulletin⁩

[lee chipongian @leecochip]

Bangko Sentral: Signs of second round effects have emerged given rising inflation expectations and wage hikes. Domestic economic activity to return to prepandemic level by mid-2022 @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral forecasts higher 2022 ave inflation of 4.6% and 3.9% in 2023, above the 2-4% target; inflation risks now tilted to upside for next 2 years due to higher pork and fish prices, potential hike in transport fare and higher global non-oil prices @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral raises benchmark rates by 25bps today on persistent inflationary pressures and to anchor inflation expectations @manilabulletin

[lee chipongian @leecochip]

Bangko Sentral slaps sanctions against BDO and UBP for hacking incident last Dec 2021 ⁦@manilabulletin⁩

[lee chipongian @leecochip]

BDO asking affected depositors to submit requirements ASAP. 700 clients about to be reimbursed, it said ⁦@manilabulletin⁩

[lee chipongian @leecochip]

Unionbank assures clients of BDO that they are working closely to reimburse affected accounts, and to take legal action against fraudsters ⁦⁦@manilabulletin⁩

[lee chipongian @leecochip]

PH’s biggest bank BDO said it will soon reimburse affected clients ⁦@manilabulletin⁩

[lee chipongian @leecochip]

BSP Gov. Benjamin E. Diokno on Sunday said they will “ensure the safety and integrity of the financial system” and the protection of financial consumers following recent complaints on social media ⁦@manilabulletin⁩