Peso 2nd worst Asian currency as of June ’18

Inquirer.net 07/01/2018

The Philippine peso was the second worst performing currency among emerging economies in the region during the first half, but the Department of Finance (DOF) said on Friday that sound macro fundamentals would rein in the exchange…

500 people rush to beat deadline to change old bills

Victor Anthony V. Silva 12/29/2017

  CRESCENCIA Oliverio arrived at the regional office of the Bangko Sentral ng Pilipinas (BSP) in Cebu City on Friday with more than just enough time to have her old peso banknotes exchanged for new ones. Traveling…

‘If it’s smooth, it’s fake’

Victor Anthony V. Silva 01/21/2017

The Bangko Sentral ng Pilipinas (BSP) has constantly reminded the public to be vigilant on the proliferation of counterfeit money. Lawyer Leonides Sumbi, BSP Cebu regional director, said the public should be very careful, especially in dealing…

Business leaders say ‘Brexit’ won’t affect PH, Cebu traders

Aileen Garcia-Yap 06/26/2016

The British vote to leave the European Union (EU), also called as the “Brexit,” will only affect the Philippines, including Cebu, if this British action will affect the US economy. This was the general sentiment of Cebu…

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