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Peso weakens vs dollar with Fed seen to stay hawkish - BusinessWorld Online
BusinessWorld· 9 hours agoThe local unit closed at P58.755 per dollar, weakening by 13.5 centavos from its P58.62 finish on...
Philippine Peso to Extend Slump to Record Low on Rate Cut Bets
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- The Philippine peso looks set to extend its slump toward a record low as investors...
Peso inches up amid lack of leads - BusinessWorld Online
BusinessWorld· 1 day agoTHE PESO inched up against the dollar on Tuesday and traded mostly sideways as the market consolidated after the long weekend. The local unit closed at ...
Peso weakness ‘temporary’ — BSP - BusinessWorld Online
BusinessWorld· 3 days agoTHE BANGKO SENTRAL ng Pilipinas (BSP) sees the recent peso weakness as temporary amid the expected...
Bears firm up bets on Asian currencies as US rate cuts remain elusive
Reuters· 7 days agoAnalysts have solidified their bearish positions on most Asian currencies as higher-for-longer U.S. interest rates and a resilient dollar are likely to continue to hurt the ...
Peso may move sideways as market awaits economic data - BusinessWorld Online
BusinessWorld· 3 days agoThe local unit closed at P58.65 per dollar on Friday, weakening by seven centavos from its P58.58...
GCash launches new partnership with Meridian, allowing transfers from over 12,000 US banks to GCash...
BusinessWorld· 5 days agoGCash, the Philippines’ leading finance app and largest cashless ecosystem, brought the spirit of...
Philippine Tycoon Belo’s Wilcon Pivots To Smaller Stores After Profit Slump
Forbes· 3 days agoPhilippine tycoon William Belo’s Wilcon Depot is pivoting to smaller store formats after net profit...
That challenge of external debt sustainability again - BusinessWorld Online
BusinessWorld· 6 days agoFair enough for Fitch to also zero in on the need to constantly improve external debt metrics relative to our gross domestic product (GDP) as a rating sensitivity. This means that if
External debt hits $128.7B as of end-March - BusinessWorld Online
BusinessWorld· 3 days agoTHE PHILIPPINES’ outstanding external debt stood at a record $128.7 billion as of end-March, the...