Central Bank of the Philippines continues forex liberalisation drive

philippines-cb

The Central Bank of the Philippines has taken further steps towards liberalising its foreign exchange regulations, introducing a raft of measures to meet rising demand and nudge consumers away from informal transactions.

Representing the 'sixth wave' of liberalisations implemented by the central bank since 2007, the latest changes make it easier for people to change pesos at banks and increases the thresholds at which they may exchange currency without needing special permission.

"The new

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.