ADB: More BSP hikes may support peso
The ADB expects the BSP to maintain a gradual tightening bias, with further interest rate hikes potentially supporting the peso amid record-low levels,…
· 2 MIN READ
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Latest Daily Tribune news and analysis on peso exchange rate USD P60.
The ADB expects the BSP to maintain a gradual tightening bias, with further interest rate hikes potentially supporting the peso amid record-low levels,…
· 2 MIN READ
Further interest rate hikes from the Bangko Sentral ng Pilipinas (BSP) may support the Philippine peso, which has slumped to record lows more than 25 times…
· 2 MIN READ
The PSEi rose 1.67 percent to 5,825.97, ending a five-session losing streak, while the peso strengthened to P62.465 per US dollar.
· 2 MIN READ
The PSEi slumped 12.12 points to 5,843.79, even as the local currency dipped P62.78 vis-a-vis the US dollar amid pressure from elevated oil prices, which…
· 2 MIN READ
The PSEi fell 1.72% to 5,855.91 as higher Philippine Treasury yields and the Federal Reserve’s rate hike weighed on investor sentiment, while the peso weakened…
· 1 MIN READ
The peso fell 17.5 centavos, or 0.28 percent, to a fresh record low of P62.86 per US dollar Monday, while the Philippine Stock Exchange index (PSEi) rose 13.26…
· 2 MIN READ
The peso on Friday weakened 14.5 centavos, or 0.23 percent, to a fresh record low of P62.68 per US dollar – its 24th record low since the onset of the Middle…
· 3 MIN READ
Diversifying exports and attracting manufacturing investment is a decade-long project, but every year Manila delays starting it is another year the peso stays…
· 3 MIN READ