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Nestor Espenilla Jr.

BSP chief: BSP actions remain appropriate

By Lee Chipongian BSP Governor Nestor A Espenilla Jr. said central bank actions “remain appropriate for the situation” amid rising inflation and a volatile exchange…

A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BOP deficit of $1.23B reported end-March

By Lee Chipongian The Bangko Sentral ng Pilipinas (BSP) said the overall balance of payments (BOP) deficit ballooned to $1.227 billion in the first quarter,…

A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BSP cuts TDF volume next week

By Lee Chipongian The Bangko Sentral ng Pilipinas (BSP) will reduce the term deposit facility (TDF) auction size next week to P90 billion from P110…

A contender to be named vice chair of the U.S. Federal Reserve, Richard Clarida, managing director at Pacific Investment Management Co., (PIMCO), appears in this handout photo provided March 1, 2018. (PIMCO/Handout via REUTERS / MANILA BULLETIN)

Trump taps former Treasury official for Fed post

By Agence France-Presse President Donald Trump on Monday nominated a former Treasury official and a Kansas banking regulator to fill two vacant seats on the…

An Indian customer buys a wallet decorated with an image of the new Indian Rupee 2000 note, at a gift shop in Amritsar on March 24, 2017. (AFP / MANILA BULLETIN)

US adds India to currency watch list with China

By Agence France-Presse The US Treasury added India to its watch list of countries with potentially questionable foreign exchange policies, joining China and four others,…