Peso sinks to new record low at 57.18
The Philippine peso weakens once again for the fifth straight trading day after closing at a fresh all-time low of 57.18 against the US dollar on Thursday.
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The Philippine peso weakens once again for the fifth straight trading day after closing at a fresh all-time low of 57.18 against the US dollar on Thursday.
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The peso-dollar exchange rate market opened at 57 on 7 September, went lower at 57.23, recovered at 57, and tumbled down again at 57.215 the latest.
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The country's inflation rate has slightly eased to 6.3 percent in August 2022 from 6.4 percent in the previous month, according to the latest report of the…
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The peso-dollar exchange rate market opened at 56.888 on Tuesday, 6 September.
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The local currency recorded its weakest against the dollar, closing Monday at 56.99.
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The peso exchange rate market opened at 56.85 on 5 September, went high at 56.93, low again at 56.80, and the latest at 56.92.
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The Department of Foreign Affairs on Friday confirmed the reported incident involving a 71-year-old Filipino-American who was robbed and beaten outside a…
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The Philippine manufacturing sector posted a slight increase in August, although headwinds persist from runaway inflation and supply chain disruptions, S&P…
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The peso-dollar exchange rate market opened at 56.25 on 1 September, then went high at 56.33, a low of 56.25, and the latest at 56.30.
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