PSEi, peso weaken amid oil, MidEast risks
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
Topic
Peso strengthening
Latest Daily Tribune news and analysis on Peso strengthening.
Peso slump may call for more BSP hikes
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
Peso’s real reckoning
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
PSEi rises as peso rebounds from record low
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
Peso slide deepens on oil shock, trade gap
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
Peso hits record low
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
Peso slump may call for more BSP hikes
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
How consumption culture affects the peso
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
Peso hits fifth record low in six sessions
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
Peso breaks record-low streak as PSEi rebounds
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
PSEi falls, peso hits fourth straight record low
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
Remolona backs Pax Silica to support exports, peso
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
PSEi breaks four-day losing streak, peso recovers more
Philippine Stock Exchange rebounds, PSEi climbs 1.08% as foreign inflows return and easing geopolitical tensions boost market confidence; peso strengthens to…
· 1 MIN READ
