US ECONOMIC POLICY uncertainties coupled with peso depreciation and policy rate cuts by both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) drove the local financial market in the ...
The ringgit closed higher against the US dollar for the third consecutive day as the greenback’s safe-haven status weakened ...
Investors maintained their short bets on most Asian currencies as they assessed the prospects of an escalating global trade ...
The ringgit closed slightly higher against the US dollar on Tuesday as broader macro forces kept a floor under the domestic ...
THE Philippine peso will remain under pressure as the Bangko Sentral ng Pilipinas (BSP) maintains a dovish stance, Bank of ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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 ...
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 ...
THE PESO surged to an over two-month high on Monday on broad dollar weakness due to the euro’s strength and easing global oil prices. The local unit closed at P57.808 per dollar on Monday, ...