With the emergence of the Internet in the 1990s and the improvement in broadband in the early 2000s, online banking has started becoming the norm. Fast forward a decade later, the adoption of smartphones has further accelerated the use of doing...
Photo caption: As many as 800,000 teachers and non-teaching personnel, and 24 million students in more than 47,000 public schools nationwide are projected to benefit from the financial education program for public schools, a partnership project...
The Philippines’ largest financial institutions on Friday cheered the decision of financial regulators to progressively reduce the amount of cash banks are required to hold inactive in their vaults, saying the move will help boost the country’s...
The Bankers Association of the Philippines lauds the recent decision of the Bangko Sentral ng Pilipinas to reduce the reserve ratio requirement by 200 basis points from 18% to 16%. The reduction of the RRR is a complementary boost to our national...
THE Bangko Sentral ng Pilipinas (BSP) reported that the local financial system was in the pink of health toward the end of last year despite global volatility in financial sectors worldwide. In its report on the Philippine financial system for...
MANILA, Philippines — Electronic money transactions breached the P1-trillion level last year on the back of the growing number of providers as well as aggressive marketing strategies undertaken by major players, data from the Bangko Sentral ng...
| BAP Spot USD/PHP | Today | Previous |
|---|---|---|
| Date | June 04, 2026 | June 03, 2026 |
| Open Time | 09:00:06 | 09:00:16 |
| Open | 61.75 | 61.68 |
| High | 61.75 | 61.75 |
| Low | 61.545 | 61.655 |
| Close | - | 61.745 |
| BAP AM Weighted Average | 61.644 | 61.702 |
| AM Volume | 1434.68 | 620.42 |
| BAP PM Weighted Average | - | 61.737 |
| PM Volume | - | 1265.005 |
| BAP Weighted Average | 61.644 | 61.726 |
| Total Volume | 1434.68 | 1885.42 |
| FX Settlement Rate | 61.644 | 61.702 |
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.
