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21 maj 2024 · Philippines Warns of Intervention as Peso Drops Past Key Level. Currency approaches record low level touched in 2022; Governor Remolona said BSP to intervene when necessary
19 gru 2022 · The Philippine peso has seen its value depreciate against the US dollar (USD) during the past months. After reaching a record-low of P56.77 to $1 on Sept. 2, the local currency hit several record-lows subsequently plunging to a historic low of P59 per US dollar during the week of Oct. 10 through 17.
13 lut 2024 · The Philippine central bank has spared no expense in preventing the peso weakening past the crucial 57 per dollar level. It may all be for nothing as rising oil prices and the prospect of hefty...
12 lip 2021 · MANILA, Philippines — The Bangko Sentral ng Pilipinas is not worried about the current weakness of the peso, adding it is ready to step in to tame any sharp depreciation of the local currency.
12 paź 2022 · The influx of foreign tourists is a big potential dollar earner spent on our domestic tourism enterprises, which include hotels, restaurants, and service industries.
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 ...
30 wrz 2022 · MANILA, Philippines—These past few weeks, news about the continuing slide of the Philippine peso has brought concern to many about the country’s economic situation, with some weighing the benefits and risks of depreciation. Article continues after this advertisement.
