Philippine stocks managed to stay above 6,600 level Tuesday despite the renewed concerns about the weakening of the peso against the US dollar.
The 30-company...
Philippine stocks closed marginally lower Wednesday on lackluster trading, while the peso tumbled to a near 19-month low of 58.76 against the US dollar.
The...
The Philippine peso closed lower against the US dollar Friday as investors sought the safety of the greenback after the Federal Reserve signaled that...
Philippine stocks rebounded, while the peso fell as inflation rate quickened to 3.9 percent in May from 3.8 percent in April.
The bellwether Philippine Stock...
The Philippine peso slightly rebounded to 57.71 against the US dollar Friday from a 17-month low of 57.78 Thursday on increased trading volume.
Data from...
Total deposits at foreign currency deposit units (FCDU) of banks in the Philippines reached an all-time high of $54.4 billion as of end-December 2023,...
Stocks and the Philippine peso advanced Friday following gains on Wall Street but optimism over a possible pause in Federal Reserve interest rate hikes...
By Gabriellea Parino and Chelsea Denise Din
Albay Rep. Joey Sarte Salceda calls on the Marcos administration to focus on boosting dollar-earning industries amid the...
