Friday, May 1, 2026
Today's Print

Tag: exchange rate

Peso at new record low vs. USD; inflation seen to soar to 6.3%

THE Philippine peso slumped to a new record low of P61.3 to $1 on Tuesday, weakening further from its previous all-time closing low of...

Stocks slide below 5,900, as peso tumbles to 61.3 a dollar

Philippine stocks plunged deeper on Tuesday below the 5,900 level as the Philippine peso hit a record low of 61.3 against the US dollar...

Philippine peso hits new record low of 60.55 vs. US dollar

The Philippine peso slumped to a new record low against the US dollar on Friday as escalating tensions in the Middle East fueled concerns...

BSP to prevent sharp peso drop vs. dollar

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said Friday that any move to defend the local currency would depend on how the...

PH stocks expected to move sideways ahead of GDP data

Share prices are expected to move sideways this week ahead of the release of fourth-quarter and full-year gross domestic product data. Japhet Tantiangco, research head...

Peso rebounds from bottom as BSP signals hands-off approach

The Philippine peso rebounded Thursday from a record low hit in the previous session as the Bangko Sentral ng Pilipinas (BSP) governor indicated that...

Oxford, Citi expect another BSP rate cut in fourth quarter

Global research firm Oxford Economics and US bank Citi expect another interest rate cut by the Bangko Sentral ng Pilipinas (BSP) in the fourth...

Peso plunges to 57.90 a dollar

The Philippine peso plunged to 57.90 against the US dollar Monday, the lowest in nearly 18 months, on the general strength of the greenback. The...

Oxford Economics sees peso falling to 57 a dollar by fourth quarter

Oxford Economics, a UK-based economic forecasting agency, said Tuesday it expects the peso and other Asian currencies to trade weaker in the fourth quarter...

How the weaker peso is affecting remittances—and three ways Filipinos can take advantage

In 2022, the value of the Philippine peso has significantly depreciated due to various factors including the high US Dollar value, rise in global...

Peso retreats to a record low of 59 per dollar

The peso retreated again to an all-time low of 59 per US dollar Monday after a week of flirting near that level as the...

Rising dollar

A teller shows the only dollar bill exchanged at their money changer shop at United Nations Avenue, Manila on Wednesday on September 28. According...

Free fall

"To discourage you from changing your pesos into dollar, you have to be penalized. That penalty is the higher dollar rate against the peso" The...

Fasten your seat belts

"With the Russia-Ukraine conflict continuing to drag, winter coming up, and the peso value continuing to go down, today’s relief might be very temporary" We’re...
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