Topic

peso depreciation Philippines

Latest Daily Tribune news and analysis on peso depreciation Philippines.

  1. THE Bangko Sentral ng Pilipinas became among the first central banks in the region to hike interest rates in response to the Middle East conflict, with economists projecting the BSP to be more ‘aggressive’ in its upcoming monetary policy meetings to stay ahead of the curve of rising headline inflation.

    More BSP hikes loom, economists say

    ‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…

    1 MIN READ

  3. SHIPPING activity in the Strait of Hormuz has been affected by the war in the Middle East, with tankers avoiding the route for fear of being attacked by Iran. This has tightened global fuel supply, exacerbating inflation concerns and boosting demand for the US dollar as a safe-haven asset.

    Hormuz blockade drags PSEi, peso lower

    The Philippine stock market and peso weakened as the United States imposed a blockade on the Strait of Hormuz, heightening Middle East tensions, disrupting…

    1 MIN READ

  4. Where’s the oil?

    Where’s the oil?

    In the long term, this crisis is a loud, expensive signal that our dependence on imported fossil fuels is a national security risk.

    1 MIN READ