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Latest Daily Tribune news and analysis on Peso.
The Philippine peso has closed above the P64 level for the first time in history, slumping to a sixth consecutive record low of P64.17, down 22 centavos from…
· 3 MIN READ
Higher rates can restrain inflation, but they can also increase borrowing costs for households and businesses, depending on their loan terms.
· 2 MIN READ
The Philippine peso’s depreciation against the US dollar is creating mixed economic effects, according to the Philippine Exporters Confederation Inc.…
· 2 MIN READ
With new lows, it is not surprising that the local equity market, as reflected by the Philippine Stock Exchange Index, is finding it difficult to find its way…
· 3 MIN READ
‘We do intervene a little bit in the foreign exchange market, but that’s mainly to avoid swings in the exchange rate that tend to be inflationary.’
· 2 MIN READ
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. maintained the central bank’s hands-off approach to the Philippine peso, saying it does not use…
· 2 MIN READ
The Philippine peso hit a fresh record-low close of ₱63.52 per US dollar for a third consecutive session on Thursday, while the PSEi dropped 0.72% to 5,779.73.…
· 2 MIN READ
The peso plunged 27.1 centavos, or 0.43 percent, to a record low of P63.361 per US dollar on Wednesday, even as the Philippine Stock Exchange Index (PSEi) rose…
· 2 MIN READ
The Philippine Stock Exchange Index (PSEi) gained 0.26 percent to 5,797.90 on Monday as investors bought discounted shares amid easing global oil prices. The…
· 2 MIN READ
The Philippines’ gross international reserves fell to $99.5 billion at end-September, their lowest monthly level since September 2023, while the balance of…
· 2 MIN READ
The Philippine Stock Exchange Index (PSEi) rose 14.98 points, or 0.26 percent, to 5,797.90 on Monday, while the peso weakened 10.5 centavos, or 0.17 percent,…
· 2 MIN READ
The Bangko Sentral ng Pilipinas may consider a 50-basis-point interest rate hike as the peso weakens past ₱63 against the US dollar, according to BPI lead…
· 2 MIN READ
· 1 MIN READ
OFW cash remittances rose 1.9 percent to $3.03 billion in August 2026, bringing eight-month inflows to $23.42 billion, although growth remains slow amid global…
· 2 MIN READ
The peso has depreciated about 8.6 percent from its 28 February close of P57.66, shortly before tensions escalated.
· 2 MIN READ
The Philippine peso sank to a record-low close of P63.06 per US dollar on Thursday, breaching the P63 level for the first time, as the war in the Middle East…
· 2 MIN READ
The market retreated, falling 41.64 points to 5,701.54 after two consecutive sessions of gains, with investors remaining cautious amid growing expectations…
· 2 MIN READ
The local bourse advanced for a second consecutive session, rising 42.19 points to 5,743.18 even as the peso strengthened modestly, to close at P62.760, from…
· 2 MIN READ