THE Philippine peso weakened to an all-time low of P59.17 against the US dollar on Wednesday, weighed down by local ...
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How Filipinos are affected by the peso-dollar exchange rate
The peso’s movement against the US dollar is quite a complex narrative, and not just a simple strong-versus-weak story.
The Bangko Sentral ng Pilipinas (BSP) frontloading a “jumbo reduction” in key policy rates might be “drastic” and could further weaken the Philippine peso, according to the Bank of the Philippine ...
That is, the peso is too strong relative to other currencies. This means that our exports are less price-competitive in the global market, and imports are cheaper and easier to come in. Yes, even at ...
The Bankers Association of the Philippines (BAP) and Bloomberg today announced several initiatives to further the growth of the foreign exchange (FX) market in the Philippines. The BAP has appointed ...
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