The Southeast Asian country’s currency has plummeted amid the fallout of the Iran war and economic challenges at home.
Philippine peso hits record intraday low of P62.865 per dollar as Middle East tensions push oil prices higher, widening the ...
The Philippine peso appreciated against its US counterpart for the third straight trading day on Thursday as global crude oil ...
Surging global crude prices and a weakening currency dragged Philippine shares lower on Tuesday, though the peso managed to hold its ground against the greenback by the closing bell. The Philippine ...
A QUARTER-POINT hike at the Monetary Board’s rate-setting meeting next week could be a “good defense” for the local currency against a strong US dollar. Jonathan L. Ravelas, senior adviser at Reyes ...
The Philippine peso extended its record-breaking slide on Monday as expectations for higher interest rates from major central ...
MANILA, Philippines — The peso sank to a fresh record low against the dollar yesterday as expectations of an interest rate ...
The Philippine peso appreciated against the US dollar for the second straight trading day on Wednesday, as global crude oil ...
Growing expectations of interest-rate hikes by major central banks strengthened the dollar and weighed on the Philippine peso ...