Peso hits new record low amid market concerns
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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Daily TribuneTopic
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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The local currency resumed its decline yesterday, mirroring the slide in investor confidence.
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The sustained weakness of the peso, which closed at P59.04 against the US dollar — its third straight day of slight depreciation — added to the cautious mood.…
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The last time the local bourse traded at this level was in September 2022, when the index dropped to 5,741.07 amid fears of a global recession, rapid US…
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The Criminal Investigation and Detection Group (CIDG) Isabela Provincial Field Unit raided a warehouse allegedly involved in the sale and possession of…
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It is becoming clear that a conspiracy to steal public funds occurred, crossing party lines.
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Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
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Quezon City Police District (QCPD) Acting District Director P/Col. Randy Glenn Silvio on Sunday led a Simultaneous Showdown Inspection of Forces and Equipment…
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Agents of the National Bureau of Investigation (NBI) arrested two Chinese nationals in Makati City for allegedly selling counterfeit Philippine banknotes, the…
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The Bureau of the Treasury (BTr) fully awarded all bids for Treasury bills (T-bills) in Monday’s auction, raising the full program amount of P25 billion amid…
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The Bureau of the Treasury (BTr) fully awarded all bids for Treasury bills (T-bills) in Monday’s auction, raising the full program amount of P25 billion amid…
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Fifty-five minors arrested during the 21 September “Trillion-Peso Protest March” in Manila have been ordered to perform community service as part of their…
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The Philippine Stock Exchange index (PSEi) closed nearly unchanged for the second straight session on Friday, 17 October 2025, as investors weighed mixed…
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ZARAGOZA, Nueva Ecija— Police seized around P165,000 worth of counterfeit cigarettes during a checkpoint operation in Barangay Batitang, Zaragoza on Saturday,…
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The Manila Electric Co. (Meralco), the country’s largest power distributor, said electricity rates are likely to rise this month, mainly due to the peso’s…
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Senator JV Ejercito on Wednesday welcomed the inclusion of five of his priority measures in the Marcos administration’s Common Legislative Agenda (CLA),…
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Lawmakers in the 20th Congress met with President Ferdinand Marcos Jr. and other government leaders Tuesday to discuss legislative priorities, even as both…
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As Filipinos marked the 53rd anniversary of the declaration of Martial Law on 21 September, this year’s commemoration carried a sharper edge as it coincided…
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