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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
- Philippine Central Bank Says Peso Drop Won’t Derail Rate Cut
The Philippine peso’s slide to a 17-month low isn’t large...
- Philippine Peso Threatens to Break Past Central Bank’s Key Level
The Philippine central bank has spared no expense in...
- Philippine Central Bank Says Peso Drop Won’t Derail Rate Cut
17 kwi 2024 · The Philippine peso’s slide to a 17-month low isn’t large enough to derail monetary easing later this year or early next year, according to central bank Governor Eli Remolona.
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...
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.
26 paź 2024 · The peso’s weakening has not yet led BSP to adjust its easing path, as the central bank remains focused on medium-term inflation control and economic stability. By easing rates gradually, BSP aims to stimulate economic growth without sparking excessive inflation, a challenging balance given the peso’s recent devaluation.
12 lip 2022 · The Philippine peso’s further devaluation would make imports more expensive, a setback that would hamper the country’s economic recovery in light of the COVID-19 pandemic and skyrocketing ...
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.
