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 ...
MARKET  jitters over the government’s infrastructure spending controversy and expectations of monetary easing by the Bangko Sentral ng Pilipinas (BSP) have weighed on the peso, which breached the P59 ...
Inquirer Business on MSN
Peso hits record-low 59.20:$1; BSP to let market forces set rate
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 ...
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 Manila Times on MSN
Peso recovers after hitting all-time low
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.
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 ...
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 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 ...
Cebu Daily News on MSN
Peso hits 59.20:$1, a record low, BSP to still let market forces set rate
The peso hit its lowest intra-day trading level in history at 59.20 against the US dollar. The peso decrease was due to ...
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