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Peso slumps to hit fresh trough

THE PESO slumped further against the dollar on Monday, hitting a fresh low, as trade tensions between the United States and China continued to worry investors.

BSP net income surges to P9.82B at end-March

THE BANGKO SENTRAL ng Pilipinas (BSP) saw its bottom line surge fivefold during the first quarter largely on the back of gains from currency trading.

Peso to weaken vs dollar

THE PESO is seen to weaken further against the dollar due to renewed tensions between the United States and China as well as expectations of a less hawkish stance from the local central bank.

Peso slips to fresh 12-year low

THE PESO slid to a fresh 12-year low against the dollar on Thursday following the interest rate hike of the US central bank.

Argentina to sell up to $7.5 billion from IMF in FX...

Argentina plans to sell as much as $7.5 billion in the foreign exchange market to support budget expenditures once it gets access to a...

US Federal Reserve raises key interest rate to 1.75-2%

Washington -- The US Federal Reserve raised the benchmark lending rate on Wednesday, the second increase of the year, and signaled two more hikes...

Peso weakens to hit P53:$1 level

THE PESO plunged on Wednesday, sinking below the P53-per-dollar line to log a new 12-year low ahead of the policy meeting of the US Federal Reserve.

BSP looks at further easing of FX rules

WORK is under way for fresh easing of foreign exchange restrictions, with changes being prepared by the central bank meant to simplify the entry and withdrawal of investments.

Peso to extend decline vs dollar

THE PESO will likely weaken against the dollar for the rest of the week as the market awaits the policy meetings of the US Federal Reserve and the European Central Bank (ECB).

Peso drops to near P53:$1 level

THE PESO plunged to a fresh low against the dollar on Monday, closing near P53 due to a wider trade deficit and lower foreign exchange reserves amid geopolitical tensions overseas.

Peso to move sideways vs dollar

THE PESO will likely move sideways against the dollar today amid geopolitical tensions overseas and ahead of the policy meeting of the US central bank.

Peso slumps to fresh low

THE PESO slumped against the dollar on Friday on the back of a wider local trade deficit.

FX reserves dip to three-year low

THE COUNTRY’s foreign exchange reserves dipped in May to a fresh three-year low amid lower gold valuations and as the central bank defended the peso.

Peso drops ahead of likely Fed hike

THE PESO dropped against the dollar on Thursday as investors took positions ahead of a possible interest rate hike from the US central bank.

Peso strengthens ahead of US data

THE PESO strengthened anew on Wednesday as the dollar slipped due to the stronger euro and ahead of the release of US trade balance data.

Peso gains on dollar weakness

The peso strengthened anew on Wednesday, June 6, as the dollar slipped due to the stronger euro and ahead of the US trade balance...

Peso goes up vs dollar on May inflation report

THE PESO strengthened against the dollar on Tuesday following the slower-than-expected inflation print for May.

Peso strengthens on inflation data

The peso strengthened against the dollar on Tuesday, June 5,  following the slower-than-expected inflation print in May. The local unit closed the session at P52.40...

Peso down due to strong US data ahead of local May...

THE PESO slipped further against the dollar on Monday as local financial markets watch out for the May inflation print.

Peso likely to weaken

THE PESO will likely weaken against the dollar this week as investors are seen to shift their attention to the upbeat economic fundamentals of the United States amid easing geopolitical tensions abroad.

Peso slightly slips on rosy US economic data

THE PESO slipped against the dollar once more on Friday due to upbeat US economic data amid looming trade tensions abroad.

Peso weakens vs dollar on upbeat US economic data

THE peso slipped against the dollar once more on Friday due to upbeat US economic data amid looming trade tensions abroad.

Peso rises further as tensions abroad ease

THE PESO continued to strengthen against the dollar on Thursday as political tensions abroad eased.

Peso ends higher as overseas tensions ease

The peso rebounded against the dollar on Thursday anew as political tensions abroad eased. The local unit ended the session at P52.52 against the dollar,...

Peso strengthens slightly

THE PESO rose slightly against the dollar on Wednesday on the back of easing oil prices amid geopolitical tensions abroad.

Government debt posts slight decrease

THE NATIONAL government’s outstanding debt had a slight decrease in April “due to the stronger peso and third currency fluctuations,” the Bureau of the Treasury (BTr) said.

Peso weakens anew

THE PESO weakened anew against the dollar on Tuesday as geopolitical uncertainties in Europe arose.

India, Indonesia among Asia’s most debt risky nations

THE PHILIPPINE Institute for Development Studies (PIDS) wants to broaden the level of transparency in the government's foreign investment negative list.

Peso weakens vs dollar amid rising geopolitical tensions in Europe

The peso weakened against the dollar on Tuesday, May 29, anew as geopolitical uncertainties in Europe rose. The local currency ended Tuesday's session at P52.64...

Peso rebounds on profit taking

THE PESO recovered against the dollar on Monday as investors pocketed gains following the local currency’s fresh low last week. The peso ended Monday’s session...

Peso firms up against dollar on profit taking

The peso regained strength against the dollar on Monday, May 28, as investors took profits following the local currency's near-12-year low last week. The peso...

Peso seen to move sideways vs dollar

THE PESO is seen to move sideways against the US dollar this week amid easing geopolitical tensions and expected mixed economic data in the...

Peso weakens after BSP reserve requirement cut

THE PESO dropped against the dollar on Friday, recording a new near 12-year low, following the Bangko Sentral ng Pilipinas’ (BSP) reserve requirement cut. The...

Peso hits new 12-year low amid trimmed bank reserve requirement, Korea...

The peso dipped against the dollar, recording a new near 12-year low on Friday following the reserve requirement cut of the local central bank. The...

Peso sinks to fresh trough on Fed

THE PESO declined against the dollar to log a new 12-year low on Thursday following the release of minutes of the US Federal Reserve’s...

Peso slides further after release of Fed minutes

The peso dipped against the dollar on Thursday, May 24, following the release of the minutes of the US Federal Reserve's May policy meeting. The...

Peso declines on trade war fears

THE PESO plunged anew against the dollar on Wednesday due to President Donald J. Trump’s statement on the trade talks between Washington and China. The...

Peso plunges to new low ahead of ‘likely hawkish’ Fed minutes

The peso plunged against the dollar anew on Wednesday, May 23, on the back of President Donald J. Trump's statement on the trade talks...

Peso rebounds on profit taking

THE PESO bounced back against the dollar on Tuesday due to profit taking following the local currency’s previous low. The local unit closed at P52.195...

Bitcoin a shadowy new realm as US weighs security clearances

As the Pentagon struggles to recruit a more tech-savvy workforce, it’s facing the confusion of many an old-timer: What to make of people who...

Peso rebounds on profit taking

The peso bounced back against the dollar on Tuesday, May 22, due to profit-taking following the local currency's closing in its near 12-year low. The...

Peso plunges to weakest in nearly 12 years as US-China tensions...

THE PESO dropped to a near 12-year low on Monday as the dollar strengthened on the back of easing trade tensions between China and...

Beyond the dollar everything’s ‘just noise’ for emerging markets

As if emerging-market investors didn’t have enough to worry about -- with political flare-ups and central-bank surprises galore -- the dollar’s strength is poised...

Peso likely to weaken vs dollar as geopolitical issues continue

THE PESO is seen to inch lower this week as the dollar is expected to “firm up” amid geopolitical concerns abroad. On Friday, the peso...

Peso falls, rangebound as Treasury yields boost dollar

THE peso weakened against the dollar on Friday as rising Treasury yields boosted the US currency. The peso closed at P52.33 Friday, six centavos weaker...