Amendments to FX rules approved

By Faye Almazan

Dec 31, 2021 12:12 am

THE country's central bank said the Monetary Board has approved the second phase of amendments on the foreign currency deposit system regulations.

The Bangko Sentral ng Pilipinas (BSP) in a statement on Thursday noted that the amendments look to modify the requirements for Foreign Currency Deposit Unit (FCDU) transactions.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Inflation could rise to 3.0% in Nov – BSP

Private sector concerned over political feud

How Sony conquered gaming via a gray box

Balisacan expects GDP goal to be met via Q4 growth gain

Marcos: New URC plant good for PH

Banks need to lend more money to MSMEs

PSE cuts capital raising target