Topic

Philippine peso weakness

Latest Daily Tribune news and analysis on Philippine peso weakness.

  1. PSEI's Monday performance which marked its continued decline, coupled with the peso's slide, reflects continued US dollar strength in global forex markets, as investors shifted toward safe-haven assets amid escalating MidEast tensions, particularly threats of Iran's wreaking havoc on oil tankers passing through the Strait of Hormuz.

    New record low for peso as market slumps again

    The Philippine Stock Exchange index fell to 6,006.55 amid Middle East conflict concerns, weak peso, and rising inflation risks, marking a third straight day of…

    1 MIN READ