Stocks slide for five days straight; peso strengthens
The PSEi extended its losing streak to five sessions as investors weighed rising inflation risks, weak Philippine manufacturing activity, high oil prices and…
· 1 MIN READ
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Latest Daily Tribune news and analysis on PESO Malabon.
The PSEi extended its losing streak to five sessions as investors weighed rising inflation risks, weak Philippine manufacturing activity, high oil prices and…
· 1 MIN READ
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 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
Malabon City’s PESO and Trabaho Partylist offered 4,888 local and overseas job openings at a mega job fair attended by 50 employers at Robinsons Malabon.
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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
The local bourse rose 0.17 percent to 6,116.53 while the peso appreciated to P62.513 from the previous P62.625 per US dollar. Despite the peso’s recovery,…
· 1 MIN READ
FPI chair Elizabeth Lee says geopolitical risks, higher oil prices and the Philippines' widening trade deficit are adding pressure on the peso.
· 2 MIN READ
The Philippine peso hit a fresh record low of P62.625 against the US dollar as Philippine stocks rebounded, despite cautious investor sentiment and persistent…
· 2 MIN READ
The peso’s recent depreciation may indicate that further tightening from the Bangko Sentral ng Pilipinas (BSP) might be warranted as the Philippine economy…
· 3 MIN READ
Governor Remolona was not talking about the Filipino on the street but rather the Filipino as an aggregate representation of the country’s consumers and firms.
· 4 MIN READ
The peso fell to a fresh record-low close of P62.590 per US dollar on Friday, down 7 centavos, or 0.11 percent, from Thursday’s P62.520, marking its fifth…
· 2 MIN READ
Philippine stocks and the peso rebound as the PSEi rises 0.27 percent to 6,069.42 and the currency strengthens to P62.52 against the US dollar.
· 2 MIN READ
The local bourse shed 40.66 points, reversing part of Tuesday’s 2.31-percent rebound even as the peso slumped to P62.56 from September 1’s P62.40 against the…
· 2 MIN READ
BSP Governor Eli Remolona Jr. says Pax Silica could boost Philippine exports and ease pressure on the peso, but warns the currency is unlikely to return to P60…
· 2 MIN READ