Peso closes at $1 = P55.74



Japan-based Rating and Investment Information Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit…

The milestone is genuine. But it was built on consumption, remittance, and a bloated services sector, while…

Inflation has reared its ugly head, with 2026 estimates projected to be 6-7 percent, way above the government’s earlier…

You paid P700 to enter a building designed to remind you that you’re above the poverty line, but still below the…

The Philippine economy may continue to suffer in the medium term if the Middle East conflict and the flood control…
The Philippine Peso on Friday, 2 December, closed the day at P55.74 versus the US Dollar.
It opened the day at P56.20, from its P56.45 start in the previous session.
It traded between P56.20 and P55.71, resulting in an average of P55.983.
The volume reached $1.284 billion, higher than the $898.7 million a day ago.