Peso slide deepens on oil shock, trade gap
The peso's renewed slide to record lows is being driven by heightened geopolitical and oil-market risks, while a widening trade deficit is adding to underlying…
· 2 MIN READ
Daily TribuneTopic
The peso's renewed slide to record lows is being driven by heightened geopolitical and oil-market risks, while a widening trade deficit is adding to underlying…
· 2 MIN READ
The broader economic downturn the Philippines is currently experiencing may trigger spillover effects in the real estate market, according to property…
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The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
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The Philippine Stock Exchange Index (PSEi) rose 46.48 points, or 0.74 percent, to 6,302.50 on Wednesday, while the peso strengthened by 2.4 centavos to P61.686…
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The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
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The Philippine Stock Exchange Index (PSEi) retreated on Monday, falling 58.97 points or 0.99 percent to 5,879.41, while the peso weakened to P61.69 per US…
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The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…
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The Philippine peso breached the dreaded P60 level on Thursday, weakening to P60.10 as of 4 p.m., after fresh developments in the Middle East conflict sent…
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The Philippine Stock Exchange index (PSEi) ended Friday at 6,058.94, falling 0.89%, as investors remained cautious amid escalating tensions in the Middle East.…
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The local bourse plunged as trading resumed on Monday amid renewed fears of rising oil prices driven by Middle East tensions, with the Philippine Stock…
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‘The sanctions target two firms that handle more than a quarter of Russia’s seaborne oil exports’
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The peso had been depreciating for three days straight as it opened at 58.93 on Thursday before reaching a high at 59 and a low at 58.92
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The Philippine peso on Monday, 19 December, improved to P55.41 against the US dollar from P55.85 the previous session.
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The Philippine Peso on Friday, 2 December, closed the day at P55.74 versus the US Dollar.
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The peso exchange rate opened at P58.25 against the dollar and strengthened at P58.09 before closing at P58.22 on Thursday.
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'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…
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Trading for the Philippine peso on 17 October opened at 58.97 against the US dollar, dipped further at 58.985, recovered at 58.92, and went down again at…
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The Philippine peso exchange rate against the US dollar on 13 October opened at 58.90, went lower at 58.94, recovered at 58.85, but is down again at 58.96.
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