Bangko Sentral ng Pilipinas

2023 - 1 - 7

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Image courtesy of "pna.gov.ph"

BSP's 28-day securities rate up again (pna.gov.ph)

MANILA – The rate of the Bangko Sentral ng Pilipinas' (BSP) 28-day bills rose anew on Friday as yield continued to track the path of the central bank's key ...

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BSP's 28-day securities rate moves up 6.45% (The Manila Times)

THE rate of the Bangko Sentral ng Pilipinas' (BSP) 28-day bills rose anew on Friday as yield continued to track the path of the central bank's key policy ...

The BSP is expected to continue its rate hike moves as domestic inflation remains at its 14-year high and the US Federal Reserve is also projected to further tighten its key rates. BSP Deputy Governor Francisco Dakila Jr. The average rate of the securities inched up to 6.4539 percent from 6.4426 percent during the auction last December 23.

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Solon urges BSP to retain abaca in PH bills - Manila Standard (manilastandard.net)

A legislator has urged the Bangko Sentral ng Pilipinas (BSP) to retain the abaca fiber as a raw material in the production of the Philippine bank notes.

“Likewise, abaca fiber is one of the strongest natural fibers in the world,” he added. “According to the Philippine Fiber Industry Development Authority (Phi]FIDA), the Philippines is the leading source of abaca fiber in the world for the past 50 years, supplying 85 percent of the world demand,” Teves said. filed Resolution 595 following reports that the BSP started its pilot-testing of the use of P1,000-polymer bank notes in the first half of 2022 in a bid to shift to polymer in place of the abaca fiber in producing Philippine peso bills.

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Image courtesy of "manilastandard.net"

Solon urges BSP to retain abaca in PH bills - Manila Standard (manilastandard.net)

A legislator has urged the Bangko Sentral ng Pilipinas (BSP) to retain the abaca fiber as a raw material in the production of the Philippine bank notes.

“Likewise, abaca fiber is one of the strongest natural fibers in the world,” he added. “According to the Philippine Fiber Industry Development Authority (Phi]FIDA), the Philippines is the leading source of abaca fiber in the world for the past 50 years, supplying 85 percent of the world demand,” Teves said. filed Resolution 595 following reports that the BSP started its pilot-testing of the use of P1,000-polymer bank notes in the first half of 2022 in a bid to shift to polymer in place of the abaca fiber in producing Philippine peso bills.

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