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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.
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.
The USDPHP increased 0.0315 or 0.05% to 58.2965 on Friday November 1 from 58.2650 in the previous trading session. Philippine Peso - values, historical data, forecasts and news - updated on November of 2024.
On Friday, the local currency almost touched the 55-level against the greenback when it depreciated to 54.999 mid-trade. It finished the week at 54.985 against the US dollar, its weakest in more than 16 years or since October 27, 2005 when it ended the trade at 55.08.
12 paź 2022 · The latest rate of exchange was P58.99 to the dollar. This represents a 15 percent depreciation since the start of the Ukraine-Russia war. My focus in the previous column was to stress that...
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.
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...
