Trading volumes for the Philippine peso can grow as much as 10% in the coming years, according to the head of the nation’s ...

The Philippine peso slid to a record low of 59 per dollar last Thursday. This matched the previous low on October 2022 before the peso recovered to close at 58.87 on Friday. The peso’s decline f ...

This recent strengthening of the peso aligns with broader regional trends observed in the latter part of 2024. Analysts noted increased bullishness on Asian currencies, including the Philippine ...

The Philippines is stepping up its defense of the peso, according to Finance Secretary Benjamin Diokno. He said the government is ready to dip further into its reserve buffers to prevent the peso ...

The first half of this year is the worst first half for the Philippine peso since 2008. With the BSP maintaining its dovish posture in contrast to an aggressively hawkish Fed, the peso plunged 7.8 ...

BSP Manila: The Philippine peso weakened further against the US dollar on Friday, November 15, 2024, closing at 58.81 pesos vs the greenback. It’s the lowest level since October 2022 ...

TOKYO -- The Philippine peso fell to its lowest point versus the dollar since November 2022, as the country's central bank shifts away from a hawkish monetary policy. The peso slipped to 58.13 per ...

TOKYO -- The Philippine peso on Friday appreciated to its strongest level in one and a half months on speculation that the central bank may pause rate cuts in response to inflation. The currency ...

MANILA, Philippines – The Philippine peso on Thursday, July 7, closed spot trading at P56.06 against the US dollar, the weakest in nearly 17 years. RCBC chief economist Michael Ricafort said ...

The Philippines central bank will begin controlled trials of a national stablecoin pegged 1:1 to the local peso. Bangko Sentral ng Pilipinas (BSP) approved a pilot for PHPC, a Philippine peso ...

MANILA, Philippines — Lower foreign obligations due to the peso’s appreciation tempered the growth of the national government’s debt stock in March. The Marcos administration is banking on ...