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10:00 | 19/3/18
Inquirer.net
The Bangko Sentral ng Pilipinas (BSP) is likely to keep its interest rates steady on Thursday and for the rest of the year as inflation trends lower but there's risk of the peso depreciating significantly, a senior economist at Dutch financial giant ...
more»05:18 | 19/3/18
The Manila Times
The Philippines' budget and current account deficits will continue to put pressure on the peso throughout 2018 and beyond, Singapore-based bank DBS said as it forecast a decline to P54 versus the dollar by yearend a further fall to P56 in 2019.
more»02:52 | 19/3/18
Manila Bulletin
“The risk to this steady policy rate path is a significantly weaker Philippine peso,” he said in a commentary. When the BSP meets on March 22, its second Monetary Board policy meeting this year, Cuyegkeng expects them to hold steady, and announce that ...
more»06:40 | 18/3/18
Times of Oman
Filipino expats in Oman cheer as peso slide boosts remittances · Filipino expats in Oman cheer as peso slide boosts remittances · “The peso is currently at its lowest level in a decade.
more»Aileen Almazan, 37, who works as an information technology professional in Singapore, says it's an opportune time to lock in more pesos into her Philippine savings account so she has more money to spend when she visits Manila. Marlyn de la Cruz, 51, a ...
more»Weak Peso. The finance secretary brushed off concern about a weaker currency, saying it helps to boost the amount of money that Filipinos living abroad can send to their families back home, while increasing the competitiveness of exports and the ...
more»21:26 | 5/3/18
Manila Bulletin
The weakening of the Philippine peso against the US dollar has been pulling up investment costs to power plant projects, primarily for new or greenfield developments of which engineering, procurement and construction (EPC) contracts are still ongoing ...
more»01:00 | 1/3/18
Business Mirror
The firm's foreign-exchange losses due to the depreciation of Philippine peso against the greenback narrowed to P39.5 million, from P145.2 million in 2016.
more»00:26 | 22/2/18
InterAksyon
philippine peso bills A money changer counts Philippine pesos in Manila in file photo. KJ ROSALES, PHIL. STAR. MANILA - The Philippine peso improved against the greenback for the second-day in a row Wednesday as dealers take profit while the Philippine ...
more»For instance, if the Philippines exports more than it imports, there is a high demand for its goods and for its currency. But when it imports more than it exports, there is a relatively lower demand for its goods and hence for its local unit.
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