Foreign currency

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 2032272
                    [Title] => Forex lending climbs to $18.3 billion
                    [Summary] => Foreign currency loans granted by banks increased by 8.7 percent to $18.3 billion in end-March this year from $16.8 billion in the same period last year, the Bangko Sentral ng Pilipinas reported yesterday.
                    [DatePublished] => 2020-08-02 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 2022757
                    [Title] => A holiday for hedging contracts
                    [Summary] => With the constant drawbacks that the Philippine peso has had against the US greenback, it is recommended that companies that are engaged in businesses dealing with foreign currency exchange transactions should adopt a strategy to eliminate risks involved in their foreign currency dealings. 
                    [DatePublished] => 2020-06-23 00:00:00
                    [ColumnID] => 136078
                    [Focus] => 1
                    [AuthorID] => 1806823
                    [AuthorName] => Kevin John Ampuan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 1980409
                    [Title] => Forex loans rise 10.7% to $17.8 billion
                    [Summary] => Foreign currency loans extended by Philippine banks grew by double digits in the nine months to September this year amid strong demand due to higher working capital requirements of borrowers, the Bangko Sentral ng Pilipinas said.
                    [DatePublished] => 2019-12-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2019/12/28/diokno_2019-12-28_18-33-24319_thumbnail.jpg
                )

            [3] => Array
                (
                    [ArticleID] => 1856093
                    [Title] => Foreign currency loans slip 4.2% in Q2
                    [Summary] => Foreign currency loans extended by Philippine banks declined by 4.22 percent as borrowers opted to prepay more of their financial obligations, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.
                    [DatePublished] => 2018-10-01 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus5-dollar-krizjohn-rosales_2018-09-30_19-41-38517_thumbnail.jpg
                )

            [4] => Array
                (
                    [ArticleID] => 1803491
                    [Title] => Forex reserves dip to 3-year low
                    [Summary] => The country’s foreign currency buffer declined for the third straight month, hitting a three-year low of $80.13 billion in March amid the volatility in the foreign exchange market, the Bangko Sentral ng Pilipinas reported yesterday.
                    [DatePublished] => 2018-04-07 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/psbus1-dollar-forex-remittance_2018-04-06_21-23-57291_thumbnail.jpg
                )

        )

)

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Forex lending climbs to $18.3 billion

By Lawrence Agcaoili | August 2, 2020 - 12:00am

Foreign currency loans granted by banks increased by 8.7 percent to $18.3 billion in end-March this year from $16.8 billion in the same period last year, the Bangko Sentral ng Pilipinas reported yesterday.

Business

A holiday for hedging contracts

By Kevin John Ampuan | June 23, 2020 - 12:00am

With the constant drawbacks that the Philippine peso has had against the US greenback, it is recommended that companies that are engaged in businesses dealing with foreign currency exchange transactions should adopt...

Business

Forex loans rise 10.7% to $17.8 billion

By Lawrence Agcaoili | December 29, 2019 - 12:00am

Foreign currency loans extended by Philippine banks grew by double digits in the nine months to September this year amid strong...

Business

Foreign currency loans slip 4.2% in Q2

By Lawrence Agcaoili | October 1, 2018 - 12:00am

Foreign currency loans extended by Philippine banks declined by 4.22 percent as borrowers opted to prepay more of their financial...

Business

Forex reserves dip to 3-year low

By Lawrence Agcaoili | April 7, 2018 - 12:00am

The country’s foreign currency buffer declined for the third straight month, hitting a three-year low of $80.13 billion...

Business