
Hope for ailing peso rests on OFW remittances
An official of the National Economic and Development Authority said that remittances sent by overseas Filipino workers this November to December may revive the…
· 2 min read
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An official of the National Economic and Development Authority said that remittances sent by overseas Filipino workers this November to December may revive the…
· 2 min read

Despite the normalization of policy settings, the Bangko Sentral ng Pilipinas' policy rate is still accommodative, BSP Governor Felipe Medalla said on Thursday.
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The peso exchange rate against dollar closed at P58.00 Wednesday, 21 September, a new record low as the rate went down for the fifth day in six trading days.
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The Philippine peso exchange rate on 19 September opened weak at 57.34, fluctuated a bit at 57.35, and 57.33, with the latest at 57.35.
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The EU presidency on Saturday called for the establishment of an international tribunal for war crimes after new mass graves were found in Ukraine.
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For several months, bodies wrapped in plastic, some dismembered, have appeared on the streets of Colombia's capital Bogota — grim proof of an escalating…
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The National Capital Region is back to moderate risk case classification for COVID-19 as its positivity rate is now at 16. 4 percent, the Department of Health…
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After gaining slightly on Thursday, the Philippine peso plunged to its lowest on Friday, closing at P57.43 versus the United States dollar.
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No pandemic can stop it. It actually took a break and waited till it's safe. On 15 September, the annual Manila International Book Fair reopens to welcome…
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The Philippine Reclamation Authority said it will look into concerns raised by property developer Asian Seas Resources and Construction Development Corp.,…
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The peso-dollar exchange rate on 14 September opened at 57.10, weakened at 57.225, recovered at 57.10, and the latest is at 57.22.
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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.
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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…
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Hong Kong authorities are now investigating Kazuo Okada and his cohorts following their forceful takeover of Okada Manila in May.
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The peso-dollar exchange rate on 12 September opened weak at 56.85, weaker at 56.87, recovered a bit at 56.84, and the latest is at 56.87.
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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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China's export growth slowed significantly in August, customs authorities said Wednesday, as economic uncertainty is exacerbated by strict COVID-19 lockdowns…
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