"[P]please be advised that there is no trading in USD/PHP foreigner (sic) exchange markets on 01 September 2023," the Bankers Association said in a statement, "in view of the announcement of the Bangko Sentral ng Pilipinas (BSP) related to PhilPass Plus operations and monetary operations systems of the BSP" for the day.
The Philippine Payments and Settlements Systems Plus, the country's sole real time gross settlement payment system, is owned and operated by the BSP.
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