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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...
- Philippine Central Bank Says Peso Drop Won’t Derail Rate Cut
The Philippine peso’s slide to a 17-month low isn’t large...
- Peso Fall Won’t Spur Philippine Rate Hike Yet, Finance Head Says
The Philippine peso’s current slump is unlikely to prompt...
- 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.
The Philippine Peso is expected to trade at 58.51 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 59.68 in 12 months time.
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.
25 kwi 2024 · The Philippine peso’s current slump is unlikely to prompt the central bank to raise its key interest rate from a 17-year high at this time, according to Finance Secretary Ralph Recto. The...
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…
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.
