Topic

Currency forecast

Peso closes stronger at P58.22
The peso exchange rate opened at P58.25 against the dollar and strengthened at P58.09 before closing at P58.22 on Thursday.
27 October 20221 min read
Peso closes strong at 58.43
'The peso was stronger after the local stock market gained for the third straight day partly due to continued overnight gains in the US stock market and…
26 October 20221 min read
Widening BOP deficit pushes peso down to P58.94:$1
The peso on Thursday opened at 58.92, slumped to 59.00, bounced back to 58.92, and closed at 58.94, with a trading volume totaling $707.45.
20 October 20221 min read
WTO slashes 2023 global trade forecast as recession looms
The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Ukraine and other shocks take their toll…
5 October 20222 min read
Peso closes stronger ahead of U.S. inflation data
The peso exchange rate is stronger against the U.S. dollar for the second day in three trading days, by 0.09 or 0.2 percent, to close at 56.77 on Tuesday.
13 September 20221 min read
Fed’s hawkish position weakens peso to 56.86
The peso exchange rate slightly weakened against the dollar by 0.04 or 0.1 percent to close at 56.86 on Monday on the latest hawkish pronouncement by the…
12 September 20221 min read
Peso slides to record-low P57
The peso closed marginally weaker against the dollar for the third straight day, reaching a new record low of P 57:$1.
6 September 20221 min read