The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more ...
Risk aversion due partly to weakness of the peso again resulted in the negative close of the Philippine Stock Exchange index ...
THE Philippine peso – one of the worst performing currencies in Asia this year – depreciated against the US dollar for a third consecutive trading day on Monday (Sep 5) to reach a new all-time low.
The Philippine peso is trading precariously close to its all-time low against the US dollar. This is driven by the nation’s central bank signaling a potential policy shift toward looser monetary ...
Expectations of US Federal Reserve rate cuts drive bullishness on Asian currencies In three out of four trading days this month, the peso has gained vs the US dollar, and averaged Php58.381. It is ...
MANILA (Bloomberg): Philippine Finance Secretary Ralph Recto cautioned that his nation may see a delay in interest-rate cuts should the peso weaken past the record low of 59 per dollar, though that ...