The Philippine banking system handed out P13.226 billion in microfinance loans as of end-March, surging by 23.1% from the P10.747 billion granted as of the first quarter of 2016, according to data from the Bangko Sentral ng Pilipinas (BSP). Banks...
The Bankers Association of the Philippines (BAP) is confident that Metropolitan Bank and Trust Company (Metrobank) will quickly resolve the recently reported theft committed by a senior official. This appears to be an isolated incident and we are...
Total resources of Philippine banks continued to book a double-digit growth to hit a record level of P14.2 trillion in end-May as the industry continued to withstand shocks amid the volatile global financial market. Data from the Bangko Sentral...
British bank HSBC is backing up the potential growth of Fintech or financial technology companies in the Philippines as a supportive entity to the banking sector and should not be viewed as a threat at all, said its country officer. HSBC...
Members of the Bankers Association of the Philippines (BAP) are ready to serve customers in earthquake-affected areas in the Visayas, the BAP said over the weekend. “In consideration of the magnitude 6.5 earthquake that hit Leyte and the rest...
The banking system in the Philippines is one of the most stable in Asia Pacific region, according to global debt watcher Moody’s Investor Service. The domestic banking system got stable outlooks in the areas of operating environment, asset...
| BAP Spot USD/PHP | Today | Previous |
|---|---|---|
| Date | June 03, 2026 | June 02, 2026 |
| Open Time | 09:00:16 | 09:00:15 |
| Open | 61.68 | 61.74 |
| High | 61.75 | 61.75 |
| Low | 61.655 | 61.65 |
| Close | 61.745 | 61.675 |
| BAP AM Weighted Average | 61.702 | 61.745 |
| AM Volume | 620.43 | 674.5 |
| BAP PM Weighted Average | 61.737 | 61.691 |
| PM Volume | 1265.005 | 624.65 |
| BAP Weighted Average | 61.726 | 61.719 |
| Total Volume | 1885.43 | 1299.15 |
| FX Settlement Rate | 61.702 | 61.745 |
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.
