THE Bangko Sentral ng Pilipinas (BSP) said the recent peso depreciation may reflect market concerns over a potential ...
The Bangko Sentral ng Pilipinas (BSP) allows the exchange rate to be determined by market forces. We continue to maintain ...
GMA News Online on MSN

Peso breaches P59:$1 level

The Philippine peso past its all-time low on Tuesday as it breached the P59:$1 level, following concerns over the possible ...
The peso hit its lowest intra-day trading level in history at 59.20 against the US dollar. The peso decrease was due to ...
The Philippine peso slid to 59.20 against the U.S. dollar, its lowest intraday level in history, on Tuesday amid concerns over the country's growth prospects due to the government's crackdown on ...
THE peso traded at P59.26:$1 on Wednesday but recovered to end the day at P58.69 to the dollar, strengthening by 44 centavos from the previous day’s record low of P59.13:$1.
BusinessWorld on MSN

Peso slumps to new all-time low

THE PHILIPPINE PESO breached the P59-per-dollar level for the first time on Tuesday, amid market concerns of slowing economic growth and expectations of further monetary easing.    At the same time, ...
The local currency was at the P42-level in May from P41 in April. But the peso continued to weaken against the dollar following BSP's projection of a double-digit inflation in June. It closed at ...
The Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. —INQUIRER FILE PHOTO MANILA, Philippines – A solid cushion of foreign reserves and an anticipated easing action by the US Federal Reserve ...
Inquirer Business on MSN

T-bill rates ease on dovish BSP talk

MANILA, Philippines - The government was able to borrow its targeted amount of short-term peso debts during Monday’s sale of Treasury bills (T-bills) as rates fell amid dovish signals from the ...
The peso slid to 59.20 against the US dollar, its lowest intra-day level in history, due to concerns on the country’s growth ...