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...
The Bankers Association of the Philippines (BAP) shares the view of the Bangko Sentral ng Pilipinas that as a market, we desire to have a yield curve based on actively traded securities that result in high-volume transactions in the market....
In July 2021, the ASEAN Bankers Association (ABA) Interoperable Data Framework (IDF) Taskforce was created to drive the development of the IDF across ASEAN. The objective of the ASEAN Banking Interoperable Data Framework (IDF) is to create an...
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...
| 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.
