Tag page - BAP

After experiencing a three-day appreciation streak against the United States (US) dollar, the Philippine peso weakened again by shedding almost half-a-peso on Friday, July 25, despite the fresh market optimism over the latest trade deal with the US.  According to the Bankers Association of the...

After showing signs of recovery the previous day, the Philippine peso returned to the ₱56 level as investor confidence grew over the tentative Iran-Israel ceasefire, while the United States (US) dollar slipped to test its recent lows. Data from the Bankers Association of the Philippines (BAP)...

After hitting a nearly three-month low in the previous day, the peso rebounded against the United States (US) dollar, influenced by a tentative ceasefire between Iran and Israel, which pushed global crude oil prices to near two-week lows. Data from the Bankers Association of the Philippines (BAP)...

Banks across the Philippines are set to ramp up technology-related investments, particularly in cybersecurity infrastructure and systems, in a bid to improve operational efficiency and protect consumers. Investments in technology would enhance domestic banks’ operational efficiencies and the...

After breaking into the stronger ₱56 level on Friday last week, the peso reverted to the ₱57 level on Monday, April 7, against the United States (US) dollar due to concerns over new tariffs imposed by US President Donald Trump. From ₱56.88 versus $1 on Friday, the dollar strengthened at the...

K-pop boy band B.A.P’s BANG&JUNG&YOO&MOON released their mini-album  “Curtain Call,” marking their return from a nearly seven-year hiatus.  “Curtain Call” has five tracks, including the pre-release single “Farewell.” The album involves a variety of genres and...

    The Bankers Association of the Philippines (BAP) and CIsco partners to strengthen the banking’s cybersecurity skills.     Zaza Soriano-Nicart, managing director, Cisco Philippines and Benjamin P. Castillo, m anaging director, BAP.     Cisco has provided...

Korean singer Moon Jong-up, who debuted in boy band B.A.P, returned to the music scene after two years and three months with a new album.  Moon Jong-up released his second mini-album “Some” on Oct. 30 after dropping “Us” in 2021. The new album was expected to capture fans by showcasing...

Major business groups in the country believe there is a need to restrict the activities of unvaccinated persons for the common good. “We do believe that the state and the private sector should be able to restrict the activities of unvaccinated persons for the common good,” said the 12 big...

The peso closed  lower   at P49.75  to the US dollar Wednesday, (August 4) from P49.61 the previous day. The weighted average rate appreciated to P49.717  from P49.845. Total volume amounted to $1.041.45 billion according to the Bankers Association of the Philippines. 

The peso closed  lower  at P49.90  to the US dollar Monday  (August 2)  from P49.97 last Friday.  The weighted average rate appreciated to P49.998  from P50.223. Total volume amounted to $776.52 million according to the Bankers Association of the Philippines. 

The peso closed  higher  at P49.97  to the US dollar Friday, (July 30) from P50.305 the previous day.    The weighted average rate appreciated to P50.223  from P50.342. Total volume amounted to $1.364.56 billion according to the Bankers Association of the Philippines.