Many Filipinos are steadily adapting to digital transactions and cashless payments. Aside from mobile banking applications, people also use electronic wallets, commonly known as e-wallets, to conduct financial transactions. An e-wallet...
Have you seen charging stations in public spaces before? These kiosks are typically found in malls, hotels, terminals, and convenience stores which allows people to charge their mobile phones when they run low on batteries. Public...
The Bankers Association of the Philippines held its annual general assembly on March 29 to take pride in the milestones it achieved for the year 2022. In his speech, outgoing President Antonio C. Moncupa noted how the BAP has strived to...
The Bankers Association of the Philippines assures the Filipino public that recent developments in the U.S. financial system have no substantial nor material impact on Philippine banks. Banks have diversified deposit bases that include all...
The start of the year is a good time to reflect on the goals we want to achieve both in our digital and physical lives. It is an opportunity to remind ourselves to adapt safe and healthy online habits and brush up on our cybersecurity...
These days, COVID-19 pandemic-related restrictions are looser compared to previous years. As such, many of us could be encouraged to finally resume traveling for entertainment and to create memories with our loved ones. It may also be...
|BAP Spot USD/PHP||Today||Previous|
|Date||May 31, 2023||May 30, 2023|
|BAP AM Weighted Average||56.285||56.156|
|BAP PM Weighted Average||56.197||56.348|
|BAP Weighted Average||56.241||56.26|
|FX Settlement Rate||56.285||56.156|
The Philippine Interbank Reference Rate (“PHIREF”) is solely owned and calculated by Bloomberg Finance L.P. and/or its affiliates (“Bloomberg”), under an agreement with the Bankers Association of the Philippines (“BAP”). PHIREF provided on this website is solely for internal business or personal use.