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Peso edges higher after BSP rate increase

THE PESO strengthened by a tad against the dollar on Thursday following the central bank’s decision to raise interest rates.

Peso strengthens on BSP policy rates decision

The peso strengthened a tad against the dollar on Thursday, June 21, following the local central bank's decision to raise its interest rates. The peso...

Peso weakens anew vs US dollar

THE PESO slid against the dollar on Wednesday as investors remain wary about trade tensions overseas and amid the decision of the local central bank to raise its interest rates.

Peso slides on renewed trade war fears

The peso slid against the dollar anew on Wednesday as investors were still wary about the trade tension overseas amid the decision of the...

Peso rebounds slightly on remittances

THE PESO regained some strength against the dollar on Tuesday on the back of stronger remittances in April.

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.

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.

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.

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.

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.

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...

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...

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...

IMF says will move quickly on Argentina loan; no details yet

Washington -- The International Monetary Fund will move quickly to agree on a loan program to support Argentina but there are no details yet...

Peso flat amid continued geopolitical tensions

THE PESO strengthened a tad yesterday as the market was cautious over geopolitical concerns involving US, Iran and North Korea ahead of key US...

Peso edges lower vs dollar

THE PESO traded sideways versus the dollar yesterday as markets took a wait-and-see stance on the path of Treasury yields in the United States...