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25 wrz 2023 · Philippine central bank Governor Eli Remolona signaled officials are intervening to defend the peso at the 57-per-dollar level to prevent the currency from weakening further.
- Philippine Central Bank Says Peso Drop Won’t Derail Rate Cut
The Philippine peso’s slide to a 17-month low isn’t large...
- Philippines Warns of Intervention as Peso Drops Past Key Level
Philippines Warns of Intervention as Peso Drops Past Key...
- 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.
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
12 lip 2022 · MANILA, Philippines — The Philippine currency plunged further on Tuesday, closing at 56.37 against the greenback, according to the foreign exchange summary of the Bank Association of the Philippines (BAP). This puts the local currency at its weakest since Monday when the peso closed at 55.979 against the US dollar.
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.
MANILA – The Philippine peso is seen to weaken further against the US dollar as central banks continue to hike key rates to help address the elevated inflation rate and to withdraw pandemic-related measures. On Friday, the local currency almost touched the 55-level against the greenback when it….
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.
