Manila: The Philippine peso closed at Php57.248 against the US dollar on Monday (March 17, 2025) its best in nearly five months since October, as per central bank data. Bangko Sentral ng Pilipinas ...

Despite the surprising hold on policy rates last month, we expect the BSP to cut rates by 75bp to 5% in 2025. Weaker external ...

The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened ...

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The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic currency despite the US tariff barrage rattling global markets. At 6 pm, the ...

THE Philippine peso will remain under pressure as the Bangko Sentral ng Pilipinas (BSP) maintains a dovish stance, Bank of America (BofA) said. "We believe policy desire for easier financial ...

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MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) might soon have to let go of its worries about the peso’s volatility and just move independently of the US Federal Reserve when it ...

“A more competitive peso ... (foreign exchange) policy.” “Relatedly, the Philippines is not under any strong scrutiny from the US administration regarding trade relationships or currency practices.

THE Bangko Sentral ng Pilipinas (BSP) could opt to pick up the pace of interest rate cuts late this year, HSBC Global Research said, potentially allowing greater peso volatility to support economic ...