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Peso slumps to near 19-month low
BusinessWorld· 11 hours agoThis was the peso’s worst finish in almost 19 months or since its P58.80-per-dollar close on Nov. 3, 2022. The peso opened Thursday’s ...
Peso advances against dollar as market waits for key US data - BusinessWorld Online
BusinessWorld· 4 days agoThe peso opened Monday’s session slightly stronger at P58.18 against the dollar. The peso was supported by a generally weaker
Peso falls to new 18-month low as US Treasury yields increase - BusinessWorld Online
BusinessWorld· 2 days agoThe peso opened Wednesday’s session weaker at P58.07 against the dollar, which was already its best showing for the day. Dollars exchanged ...
Market logs worst 2024 close as US yields surge - BusinessWorld Online
BusinessWorld· 1 day agoTHE MAIN INDEX logged its lowest close for 2024 thus far on Thursday as the peso hit a new 18-month...
Peso to be range-bound ahead of US PCE data - BusinessWorld Online
BusinessWorld· 5 days agoTHE PESO may remain range-bound against the dollar this week as the market awaits the release of the...
Peso returns to P57:$1 level - BusinessWorld Online
BusinessWorld· 3 days agoThe local unit closed at P57.97 per dollar on Tuesday, strengthening by 14 centavos from its P58.11 finish on Monday, Bankers Association of the ...
NG debt rises in April on weak peso
BusinessWorld· 11 hours agoTHE NATIONAL Government’s (NG) outstanding debt returned to the P15-trillion level as of end-April due to the weaker peso, the Bureau of the Treasury...
Weak peso seen adding uncertainty to bidding for power contracts - BusinessWorld Online
BusinessWorld· 5 days agoLONG-TERM weakness in the peso will have an impact on power supply contracts, which tend to require...
5.9% GDP growth seen in Q2 - BusinessWorld Online
BusinessWorld· 2 days agoTHE PHILIPPINE ECONOMY may grow faster in the second quarter due to improved state spending, putting it on track to hit the low end of the government’s...
Shares may trade sideways amid lack of drivers - BusinessWorld Online
BusinessWorld· 5 days agoPHILIPPINE SHARES may move mostly sideways this week, with bargain hunting likely to ensue as the market looks for fresh drivers, analysts said. On Friday, the Philippine ...
