Search results
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
- USD/PHP: Philippine Peso May Weaken to 59 If Risks Mount, BSP Governor ...
2:10. The Philippine peso may again hit its record low of 59...
- Philippine Peso Threatens to Break Past Central Bank’s Key Level
The Philippine central bank has spared no expense in...
- USD/PHP: Philippine Peso May Weaken to 59 If Risks Mount, BSP Governor ...
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 ...
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...
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…
6 wrz 2022 · On Monday, the Philippine peso weakened against the US dollar to a new all-time low amid the strengthening of the greenback due to the hawkish stance of the Federal Reserve to tame inflation.
29 kwi 2024 · THE PESO may continue to depreciate further this year amid broad dollar strength, but the Philippine central bank may not need to intervene yet, analysts said. “The peso’s recent depreciation is a concern, but it’s part of a larger global trend,” Security Bank Corp. Chief Economist Robert Dan J. Roces said in a Viber message.
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.
