Friday, May 8, 2026
Today's Print

Tag: Depreciation

Weak peso brings mixed results for local manufacturers

The continued depreciation of the Philippine peso is presenting mixed prospects for local manufacturers by offering export gains while simultaneously raising cost pressures for...

Peso hits record low at P60.10 to $1

Analyst fears oil shortage; gov’t boosts reserve The Philippine peso plummeted to a new record low of 60.10 against the US dollar Thursday, losing 58...

PSEi slips on profit taking after gains; Peso rebounds

Local stocks declined Friday, reflecting profit taking after gains during the previous session. The benchmark Philippine Stock Exchange index declined by 22.86 points, or 0.35...

Peso hits 58.62 a dollar, PSEi sinks below 6,000 level

Local shares closed below the 6,000 support level Friday due to continued depreciation of the peso against the dollar. At the end of trading, the...

Holcim PH hiked 2019 profit 41% to P3.58b

Cement maker Holcim Philippines Inc. said net income reached P3.58 billion in 2019, up 41 percent from P2.5 billion in the previous year, on...
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