The peso’s movement against the US dollar is quite a complex narrative, and not just a simple strong-versus-weak story.

AS far back as 2022, the same prediction has surfaced: the Philippine peso will weaken to 60 against the US dollar. Traders whisper, headlines speculate, and politicians demand explanations.

The USD/PHP exchange rate continued rising and is hovering near its all-time high after the last central bank decisions from the United States and the Philippines. The pair was trading at 59, a few ...

Philippine Central Bank Governor Eli Remolona said “a few more rate cuts” are on the table in the absence of any economic surprises, but will remain on guard against excessive currency movements. “We ...