
‘We expect the BSP to act decisively based on available data and intervene when necessary to reduce exchange rate…
The local bourse shed 40.66 points, reversing part of Tuesday’s 2.31-percent rebound even as the peso slumped to P62.56…

Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said the planned Pax Silica initiative could help address the…

The peso weakened 0.22 percent to a third consecutive record-low close of P62.40 per US dollar on Tuesday, surpassing…

Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said the planned Pax Silica initiative could help address the…
The peso exchange rate on 22 September opened at 58.10, further weakened at 58.25, recovered at 58.00, with the latest at 58.22.
The Philippine currency closed at its lowest-ever value at 58 per dollar on 21 September, as other regional currencies pulled back amid a looming new US policy rate increase.
The peso traded at an average of 57.89 on a volume of $1.05115 billion.