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30 wrz 2022 · When people say ’[the Philippine peso] is the worst performing currency in the ASEAN,’ it looks as if we are in a dire position,” he added. When the peso depreciates, domestic goods and ...
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.
12 paź 2022 · Winners and losers in peso depreciation. When the peso depreciates in value with respect to another currency like the US dollar, it takes more pesos to exchange against the dollar. The meaning...
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.
24 lip 2024 · Assuming that the peso depreciates to 60:$1 holding other things equal, the PSEi could fall to 6,247. If the peso further depreciates to 65:$1, the index may decline to 5,576.
3 paź 2022 · MANILA, Philippines—As many weigh in on the benefits and risks of the peso’s depreciation, an economist suggested that the country should “prepare for the worst.”
26 paź 2022 · In 2022, the value of the Philippine peso has significantly depreciated due to various factors including the high US Dollar value, rise in global oil prices, and possible further hikes in key rates of the Bangko Sentral ng Pilipinas. By early October, the peso measured below PHP 59 per $1, almost matching the record low from September 2022 ...
