BSP clarifies stance amid peso depreciation
Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
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5,862 results for “Peso depreciation”
Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
The ADB expects the BSP to maintain a gradual tightening bias, with further interest rate hikes potentially supporting the peso amid record-low levels,…
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…
Diversifying exports and attracting manufacturing investment is a decade-long project, but every year Manila delays starting it is another year the peso stays…
The PSEi extended its losing streak to five sessions as investors weighed rising inflation risks, weak Philippine manufacturing activity, high oil prices and…
President Ferdinand Marcos Jr. has ordered the implementation of COMPASS, a government-wide transparency platform that lets Filipinos track public funds from…
The PSEi rose 1.67 percent to 5,825.97, ending a five-session losing streak, while the peso strengthened to P62.465 per US dollar.
For years, creativity in the Philippines was often treated as something to celebrate rather than something to build an economy around. But the numbers tell a…
The PSEi slumped 12.12 points to 5,843.79, even as the local currency dipped P62.78 vis-a-vis the US dollar amid pressure from elevated oil prices, which…
The price is only the receipt. The problem is that we have spent seven years paying it and calling that a policy.
The PSEi fell 1.72% to 5,855.91 as higher Philippine Treasury yields and the Federal Reserve’s rate hike weighed on investor sentiment, while the peso weakened…
DAILY TRIBUNE columnist and lawyer Estrella Elamparo questioned how Rep. Leandro Leviste secured a 25-year solar power franchise despite his limited…
The peso fell 17.5 centavos, or 0.28 percent, to a fresh record low of P62.86 per US dollar Monday, while the Philippine Stock Exchange index (PSEi) rose 13.26…
The local bourse rose 0.17 percent to 6,116.53 while the peso appreciated to P62.513 from the previous P62.625 per US dollar. Despite the peso’s recovery,…
FPI chair Elizabeth Lee says geopolitical risks, higher oil prices and the Philippines' widening trade deficit are adding pressure on the peso.
The Philippine peso hit a fresh record low of P62.625 against the US dollar as Philippine stocks rebounded, despite cautious investor sentiment and persistent…
Joseph was undergoing dialysis several times a week yet he soldiered on and came to work — no longer as early as before, but no one could ever fault him for…