Peso extends recovery as PSEi slips 0.44 percent
The Philippine Stock Exchange Index (PSEi) declined 0.44 percent to 5,680.35 on Friday as rising oil prices and renewed geopolitical tensions weighed on…
· 2 MIN READ
Topic
Peso depreciation and rising prices
Latest Daily Tribune news and analysis on Peso depreciation and rising prices.
Expert: Weak peso mirrors eroded trust
· 4 MIN READ
Peso rebounds, but stays above P64; PSEi slumps
The peso snapped its six-session streak of record lows on Wednesday, strengthening 14.5 centavos, or 0.23 percent, to P64.025 per US dollar from Tuesday’s…
· 2 MIN READ
Weak peso threatens higher power bills
The Philippine peso's record low of P64 against the US dollar could drive up electricity bills and fuel prices as imported coal, diesel and liquefied natural…
· 2 MIN READ
Peso breaches P64 as record-low streak extends
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
When the peso buys less
Higher rates can restrain inflation, but they can also increase borrowing costs for households and businesses, depending on their loan terms.
· 2 MIN READ
Weaker peso benefits exporters, raises debt costs — Philexport
The Philippine peso’s depreciation against the US dollar is creating mixed economic effects, according to the Philippine Exporters Confederation Inc.…
· 2 MIN READ
Remolona: BSP not hiking rates to defend peso
‘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
Remolona: BSP not hiking rates to defend peso
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
Peso hits third straight record-low close as PSEi falls
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
Peso plunges to fresh record low as PSEi extends recovery
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
Peso sets another record low, stocks gain
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
Peso sets another record low as stocks gain
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
50-point rate hike seen as peso weakens further
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
Peso eases from record low as stocks soar
· 1 MIN READ
Peso hits record-low 63.06 vs greenback
The peso has depreciated about 8.6 percent from its 28 February close of P57.66, shortly before tensions escalated.
· 2 MIN READ