PSEi retakes 5,700 as peso strengthens from record low
The Philippine Stock Exchange Index (PSEi) gained 1.61 percent to close at 5,700.99 on Friday, while the peso strengthened to ₱62.801 per US dollar after…
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Topic
Philippine peso exchange rate
Latest Daily Tribune news and analysis on Philippine peso exchange rate.
PSEi falls on oil, U.S.-Iran tensions
The Philippine Stock Exchange index fell 0.64% to 5,788.87, while the peso weakened to P62.545 against the US dollar as renewed US-Iran tensions, rising oil…
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Price-taker’s curse: Distant shocks and Filipino wallets
Like Tatooine at the Outer Rim, small economies such as the Philippines may seem far from the center of power, but they still get pulled into the consequences…
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PSEi falls below 6,300, peso weakens
The Philippine Stock Exchange index slipped 0.60 percent while the peso weakened against the US dollar as renewed US-Iran tensions, higher oil prices, and…
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PSEi climbs above 6,300; peso gains
The Philippine Stock Exchange Index rose 0.54% while the peso strengthened against the US dollar as easing Middle East tensions improved investor sentiment,…
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Stocks recover despite peso weakness
The Philippine stock market closed higher as the PSEi gained 31.09 points to 6,069.26, while the peso weakened to P61.62 against the US dollar amid mixed…
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Profit-taking, BSP jitters drag market, peso
Philippine stocks fell as investors took profits after a market rally, while the peso weakened against the US dollar ahead of the BSP policy meeting and global…
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PSEi eases, peso extends gains
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Stocks, peso gain as MidEast tensions cool
The Philippine stock market rebounded as the PSEi rose 1.13% to 5,945.71 while the peso strengthened to P61.545 against the US dollar, driven by easing Middle…
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PSEi, peso tumble on renewed MidEast tensions
The market closed at 5,879.41, down 58.97 points from Friday’s 5,938.38, even as the peso also lost strength against the US dollar amid renewed US-Iran…
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PSEi extends rally but peso weakens
Market rally was sustained driven largely by ICTSI which surged 5.42 percent to P875.00, lifting the Services sector by 3.74 percent but the peso weakened to…
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Market, peso, slump amid renewed tensions
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
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PSEi retakes 6000 as tensions ease
The local bourse bounced back above the 6,000 level while the peso strengthened sharply to P60.42 from Wednesday’s close of P61.30, reflecting a weak US dollar…
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