Stablecoins are cryptocurrencies whose value is pegged to that of another currency, commodity, or financial instrument. It is usually pegged to the United States dollar on a…
The surge in disbursement of foreign loans and interest payments against them is pushing up the debt servicing requirement.
He also said the committee in charge of implementing the digital wallet scheme would hold a meeting within a week to determine the timeline of the scheme.
It comes despite a 20 per cent fall in imports in the first five months of 2023-24 while exports receipts rose at a snail's pace, loan payments outpaced fresh credits, and the gap…
Meanwhile, external borrowings sagged by 2.06 per cent or P94.15 billion month-on-month to P4.48 trillion as of end-November. The Treasury said foreign debts fattened by P273.84…
The PSE did not provide a reason why trading was interrupted at 9:32 a.m. but said it would make further announcements. The benchmark stock exchange index opened 0.22 per cent…
The legislative proposal includes introducing new legislation to implement a licensing regime requiring all fiat-referenced stablecoin issuers that meet certain conditions to be…
Broken down, the Bureau of the Treasury will borrow P75 billion via T-bills in January, with five auctions scheduled for the month. In February, the government lined up four…
The country has a stock of $1.34 billion as deposits from non-resident Bangladeshis. Pakistan has a stock of $3.7 billion.
During the meeting, Manet and Kishida also exchanged views on bilateral ties and close cooperation, as well as demining training for demining specialists from Ukraine.