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PRESIDENT Ferdinand R. Marcos Jr.’s signal that he does not want the US dollar/peso exchange rate to reach P60 could have had ...
In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped ...
As foreign exchange traders shift their books to bet on interest-rate cuts, the Philippine peso looks set to emerge as a winner: historically it’s been the least affected by monetary easing among ...
MANILA: The Philippine peso slid past a long-defended red line for the currency to an all-time low, ramping up pressure on the central bank to respond. The peso dropped as much as 0.5% through ...
PRESIDENT Ferdinand R. Marcos Jr.’s signal that he does not want the US dollar/peso exchange rate to reach P60 could have had a hand in the Philippine peso posting on Thursday its strongest finish in ...
June 30 (Reuters) - Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to tamp down inflation, while short positions on China's yuan eased ...
The Bangko Sentral ng Pilipinas (BSP) is not expecting the Philippine peso to hit the P60:$1 level anytime soon, saying it is ...