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Eli Remolona peso depreciation

Latest Daily Tribune news and analysis on Eli Remolona peso depreciation.

  1. Wrong tool for right problem

    Wrong tool for right problem

    The tension between that resilience and the grim headline numbers traces back to one source – oil.

    2 MIN READ

  2. FEDERAL Reserve chair Kevin Warsh (left) said inflation remained too elevated due to the Middle East conflict, prompting the Fed to hike rates for the first time in three years, for reasons similar to those cited by Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. for the BSP’s three rate hikes this year.

    Fed hike narrows gap with BSP policy rate

    US Federal Reserve Chair Kevin Warsh justified the interest rate hike — the first since 2023 — saying inflation is too high and had persisted for too long,…

    3 MIN READ

  4. THE Philippine peso’s six-month slump, reaching a nadir of P62.68 on Friday, has likewise raised the necessity of the Bangko Sentral ng Pilipinas to maintain its tightening cycle as inflation remains elevated, economists said.

    Peso slump may call for more BSP hikes

    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…

    3 MIN READ

  5. Peso’s real reckoning

    Peso’s real reckoning

    Diversifying exports and attracting manufacturing investment is a decade-long project, but every year Manila delays starting it is another year the peso stays…

    3 MIN READ

  6. Federation of Philippine Industries chairperson Beth Lee

    Peso slide deepens on oil shock, trade gap

    FPI chair Elizabeth Lee says geopolitical risks, higher oil prices and the Philippines' widening trade deficit are adding pressure on the peso.

    2 MIN READ