Philippine monetary authorities have decided to actively trade some of the country’s gold reserves to take advantage of rising prices.

This was announced by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno during the Development Budget Coordination Committee’s briefing for the proposed $4.506-trillion national budget held at the House of Representatives on Friday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details