When sim cards had to be registered, a lot of people thought it would help stop the spread of text message scams in the country. But these days, more people are still getting scam text messages and, sadly, falling for new phishing...
In view of the announcement of the Bangko Sentral ng Pilipinas (BSP) related to PhilPassPLUS Operations and Monetary Operations Systems of the BSP on 01 September 2023 please be advised that there is NO TRADING in USD/PHP Foreigner Exchange...
Cybercriminals are getting more sophisticated in defrauding people. Recently, the Philippine National Police Anti-Cybercrime Group (PNP-ACG) warned the public from returning calls from unknown numbers because it could be individuals...
In pursuit of its commitment to market development, the Bankers Association of the Philippines (BAP) launches the dollar-peso cross currency swap (USDPHP CCS) market. This initiative spearheaded by the BAP Open Market Committee enables its members...
The Bankers Association of the Philippines (BAP) welcomes the appointment of Eli Remolona, a Monetary Board member, as the new Governor of the Bangko Sentral ng Pilipinas (BSP). Dr. Remolona brings with him a wealth of experience in the financial...
Artificial intelligence (AI) is changing the way we do banking. According to a Forbes article, AI models are now being used to automate routine tasks such as account balance inquiries and password resets, allowing banks to increase their efficiency...
|BAP Spot USD/PHP||Today||Previous|
|Date||October 04, 2023||October 03, 2023|
|BAP AM Weighted Average||56.76||56.894|
|BAP PM Weighted Average||56.734||56.861|
|BAP Weighted Average||56.749||56.88|
|FX Settlement Rate||56.76||56.894|
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.