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Carlos G. Dominguez III

Dominguez downplays weak peso concerns

By Chino S. Leyco The Department of Finance (DOF) shrugged off concerns about the weakening local currency, saying the recent slide in the peso would…

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Gov’t debt service payments climb in August

By Chino S. Leyco The national government spent more in August for interest and amortization payments on its outstanding debt, data from Bureau of the…

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BSP FX swaps at $3.6 B in Aug.

By Lee C. Chipongian The central bank’s foreign exchange (FX) swaps barely moved in August at $3.64 billion of one-month residual maturity, the same amount…