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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...
- 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
The Philippine peso’s slide to a 17-month low isn’t large...
- Philippines Warns of Intervention as Peso Drops Past Key Level
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
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...
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.
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.
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.
