PRESIDENT Ferdinand R. Marcos Jr.’s signal that he does not want the US dollar/peso exchange rate to reach P60 could have had a hand in the Philippine peso posting on Thursday its strongest finish in ...
The Philippine peso tumbled to a record low of 60.30 against the US dollar on Monday, weakening by 2 centavos from its previous close ...
Exchange rates show the cost of trading one currency for another. High domestic interest rates can increase a currency's value by attracting investors. Political unrest or economic instability can ...
The Philippine peso sank to a fresh record low of 59.87 against the US dollar Monday, weakening by 13.5 centavos from the previous close ...