Peso hits fifth record low in six sessions
The peso fell to a fresh record-low close of P62.590 per US dollar on Friday, down 7 centavos, or 0.11 percent, from Thursday’s P62.520, marking its fifth…
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5,727 results for “Peso”
The peso fell to a fresh record-low close of P62.590 per US dollar on Friday, down 7 centavos, or 0.11 percent, from Thursday’s P62.520, marking its fifth…
Philippine stocks and the peso rebound as the PSEi rises 0.27 percent to 6,069.42 and the currency strengthens to P62.52 against the US dollar.
The local bourse shed 40.66 points, reversing part of Tuesday’s 2.31-percent rebound even as the peso slumped to P62.56 from September 1’s P62.40 against the…
BSP Governor Eli Remolona Jr. says Pax Silica could boost Philippine exports and ease pressure on the peso, but warns the currency is unlikely to return to P60…
The peso weakened 0.22 percent to a third consecutive record-low close of P62.40 per US dollar on Tuesday, surpassing Friday’s record-low close of P62.265,…
Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said the planned Pax Silica initiative could help address the country’s persistent trade deficit, which…
The Philippine peso’s recent depreciation has largely followed foreign exchange market dynamics, according to ASEAN+3 Macroeconomic Research Office (AMRO)…
The state’s statistical wizardry is breathtaking. If you lower the bar into the subterranean dirt, suddenly everyone is a high jumper.
Philippine peso hits a record-low P62.265 per US dollar as the PSEi falls below 6,000 amid geopolitical uncertainty, elevated US yields and economic concerns.
The Philippine peso hit a record-low P61.888 against the US dollar as geopolitical uncertainty and renewed dollar strength pressured markets, while the PSEi…
‘We do not want farm-to-market roads where there are no farms.’
Philippine stocks fell as investors awaited the BSP policy meeting, while the peso strengthened on lower oil prices and easing Strait of Hormuz tensions.
The local currency has hit record lows 12 times since the escalation of the Middle East conflict at the beginning of March. Before tensions intensified, the…
Wise expands its Philippine services with QR Ph payments, peso account details and a P500,000 InstaPay receiving limit for businesses.
‘Inflation will start to hurt. And it did. We had roughly 7 percent last April due to power costs, and also supply. Property owners should cut building costs…
The broader economic downturn the Philippines is currently experiencing may trigger spillover effects in the real estate market, according to property…
PSEi rebounds 1.30% to 6,238.46 while the peso strengthens to P61.67 against the dollar as improved global risk sentiment supports Philippine markets.
The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
The PSEi fell 0.56 percent to 6,261.80 while the peso weakened to P61.495 against the US dollar as Middle East tensions, elevated oil prices and softer…