ADB: More BSP hikes may support peso
Further interest rate hikes from the Bangko Sentral ng Pilipinas (BSP) may support the Philippine peso, which has slumped to record lows more than 25 times…
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10,774 results for “BSP peso depreciation intervention”
Further interest rate hikes from the Bangko Sentral ng Pilipinas (BSP) may support the Philippine peso, which has slumped to record lows more than 25 times…
The peso on Friday weakened 14.5 centavos, or 0.23 percent, to a fresh record low of P62.68 per US dollar – its 24th record low since the onset of the Middle…
The peso’s recent depreciation may indicate that further tightening from the Bangko Sentral ng Pilipinas (BSP) might be warranted as the Philippine economy…
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 Philippine Stock Exchange Index rebounded as bargain hunting and dovish BSP signals boosted investor confidence, while the peso strengthened on foreign…
The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
Philippine stocks fell as investors took profits after a market rally, while the peso weakened against the US dollar ahead of the BSP policy meeting and global…
Bangko Sentral ng Pilipinas is expected to deliver more interest rate hikes to support the peso as it hovers near record lows amid Middle East conflict-driven…
Bangko Sentral ng Pilipinas maintains a hands-off stance on the peso despite record lows, as Governor Eli Remolona balances inflation risks, a widening current…
Philippines’ foreign reserves dropped to a 15-month low in April as the Bangko Sentral ng Pilipinas intervened to curb peso weakness, with GIR falling to…
The Philippine Stock Exchange index (PSEi) and the peso fell as the Bangko Sentral ng Pilipinas hiked its key rate to 4.50% amid rising inflation risks,…
Eli M. Remolona Jr. says the peso’s depreciation amid Middle East tensions has not yet triggered significant inflation, as the Bangko Sentral ng Pilipinas…
Bangko Sentral ng Pilipinas Governor Eli Remolona says the peso’s recent decline due to Middle East tensions has not yet triggered inflationary pressures,…
Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. says the peso’s slide past P60 per dollar may boost exports and narrow the current account deficit,…
The local buck has shown signs of stabilization following a prolonged slide, with dollar demand easing after optimism surrounding the Trump-led acquisition of…
Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
