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Foreign currency news, articles, and videos can be found in a variety of sources, including online news sites, financial publications, and other websites. For example, The Wall Street Journal and Reuters both regularly publish stories related to foreign currency markets. There are also numerous blogs and websites devoted to discussing foreign currency trading and the impact of international exchange rates. Additionally, many central banks and finance ministries provide their own websites and resources with up-to-date information and analysis. Finally, YouTube and other video streaming sites are good sources for informational videos, interviews, and tutorials related to foreign currency and forex trading.
On Aug. 14, the Japanese credit rating agency R&I upgraded the Philippines Foreign Currency Issuer Rating to “A- with stable outlook,” one year after its last rating of “BBB, positive outlook.” Following a similar upgrade to “A-” by Japanese credit rating agency JRC, business media was abuzz with the expectation that similar rating upgrades are […]
OUTSTANDING LOANS granted by banks’ foreign currency deposit units (FCDU) declined at end-June from the previous quarter, the central bank said, as principal repayments outpaced disbursements. The Bangko Sentral ng Pilipinas (BSP) in a statement late on Monday said loans granted by the FCDUs of banks dropped by 2.7% to $15.63 billion as of June […]
LISTED DoubleDragon Corp. (DD) expects to generate P27.2 billion in foreign currency revenue from the first three overseas projects of its subsidiary Hotel 101 Global Pte. Ltd. (Hotel101). “The first three Hotel101 overseas projects are expected to generate inflows of $471 million (P27.2 billion) in foreign currency revenues to DD,” the listed company said in […]
THE BUSINESS PROCESS OUTSOURCING (BPO) industry in the Philippines is likely to shrink as the shift to artificial intelligence (AI) in the workplace accelerates, Fitch Solutions’ unit BMI said. “In the case of the Philippines, BPO is a key source of foreign currency, and this vital sector will probably shrink as AI adoption ramps up, […]
Maldives has introduced new rules requiring all foreign currency earnings from the tourism sector to be deposited in local banks. The regulation mandates transactions within the country to be in Maldivian Rufiyaa, with some exceptions. Non-compliance will result in fines. This move comes as the country faces economic challenges and aims to stabilize its foreign exchange reserves.
RIZAL COMMERCIAL Banking Corp. (RCBC) has upsized its medium-term note program to $4 billion from $3 billion, it said on Tuesday. The Yuchengco-led bank will also be issuing foreign currency-denominated senior notes under the program, RCBC said in a disclosure to the stock exchange. It has appointed SMBC Nikko Securities, Inc. as the program arranger, […]