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25 paź 2024 · 2:10. The Philippine peso may again hit its record low of 59 against the dollar “over time” if geopolitical worries and risks related to the US election don’t dissipate, according to central ...
- Philippine Peso to Extend Slump to Record Low on Rate Cut Bets
The Philippine peso looks set to extend its slump toward a...
- Philippine Peso to Extend Slump to Record Low on Rate Cut Bets
30 wrz 2022 · The peso had already depreciated by 15.7 percent so far this year, losing P7.991 to the US dollar since closing at P50.999:$1 at the end of 2021. Article continues after this advertisement. Most of the peso’s losses so far this year happened in the past three months, when the peso started depreciating swiftly after hitting 53:$1 on June 10.
21 maj 2024 · The peso weakened as much as 0.7% to 58.28 per dollar on the day, approaching the record-low level of 59 touched in 2022. Bearishness toward the peso increased after Remolona signaled...
16 cze 2024 · The Philippine peso looks set to extend its slump toward a record low as investors see the nation’s central bank cutting interest rates ahead of the Federal Reserve.
2 lut 2023 · MANILA, Philippines — The peso is likely to depreciate further for the third straight year in 2023, hitting the 57 to a dollar level anew, according to two global financial institutions.
16 kwi 2024 · The Philippine peso depreciated by 19.2 centavos from Monday's closing rate of P56.808, a few days after the British banking giant HSBC speculated that the currency would outperform its Asian...
6 wrz 2022 · The peso almost plunging to P57 against the US dollar has never been seen before. But how does a weaker peso against its US counterpart affect inflation and the purchasing power of Filipinos? The Philippine Statistics Authority (PSA) and economists weigh in.
