Philippines
MAS bolsters efforts on transition finance
Central bank issues new taxonomy and will work on phasing out coal
Corridor, floor, other: are operating frameworks fit for the future?
Central banks are becoming aware that monetary operations have ramifications beyond setting short-term rates
Philippine central bank delivers off-cycle rate hike
Governor Remolona said high inflation expectations were ‘very worrisome’
Public trust: the role of the private sector in exploring digital currency
Digital currencies that effectively protect financial privacy in lawful transactions will garner enduring confidence in the highly integrated networks of the future, argue J Christopher Giancarlo and Daniel Gorfine
Philippines’ Marcos pledges SWF will still go ahead
Government puts implementation rules on hold, but president says it will open by year’s end
Asian central banks hold rates
Philippines, Indonesia, Taiwan and Hong Kong stay put
Philippine central bank shifts to variable rate repo auction
BSP says move will improve policy transmission but does not change its policy stance
People: Paraguay confirms governor appointment
Nicaragua gives governor five more years; Malaysia appoints deputy; and more
People: July to September 2023
A round-up of central bankers in the news and on the move during the past three months
Central Bank of the Philippines holds policy rate
Governor pledges further increases if necessary as central bank raises inflation forecast
Cash for a very rainy, tremorous or lava-filled day
Are central banks well-positioned to keep cash flowing during natural disasters?
Philippine president signs SWF law despite corruption fears
Economists concerned over use of central bank funds and possible governance problems
Philippines central bank examines impact of temperature shocks
BSP is also working with World Bank to stress test local banks’ exposures to transition risk
Philippines names Eli Remolona as new central bank governor
Incoming governor previously worked 14 years at the New York Fed and 19 years at the BIS
Philippine and Indonesian MPCs hold rates again
Analysts expect both banks to keep rates unchanged for several more meetings
Philippine central bank cuts lenders’ reserve requirements
Move comes after BSP paused monetary tightening in May
Economists warn Philippines state fund could increase corruption
Central bank will contribute annual dividends to fund for two years, delaying capital increase
Currency round-up: India withdraws 2,000-rupee note
De La Rue replaces chair; Canada and Philippines win currency awards; and more
Philippine central bank pauses tightening as inflation eases
Governor Medalla says rate rises seem to have affected domestic demand
BSP governor warns against cutting rates faster than the Fed
Medalla’s comment follows central bank’s recent move to support the peso
BSP governor says Fed should be ‘more caring’
But Felipe Medalla says Philippines accepts reality of having to react to US monetary policy
BIS to trial Asian instant payments link
Project Nexus aims to create standardised cross-border link for different countries’ systems
Three Asian central banks raise rates
Central banks in Taiwan, the Philippines and Hong Kong continue with monetary tightening
Central Banking Awards 2023: final group of winners revealed
Awards recognise lifetime achievement of Stefan Ingves, as well as reserves management and more