Central Banking

Philippines joins local currency settlement network

philippines-peso

The Central Bank of the Philippines has signed bilateral agreements with three other South-east Asian central banks, which will see it join a local currency settlement system.

Newly appointed governor Benjamin Diokno signed the agreement with the governors of the central banks of Thailand, Malaysia and Indonesia.   

They were all attending the meeting of the Association of Southeast Asian Nations (Asean) finance ministers and central bank governors held in Thailand on April 5.

The Bank of

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: