Friday, May 1, 2026
Today's Print

Tag: peso depreciation

April inflation likely exceeded 5% as fuel and food costs surged           

Philippine inflation likely exceeded 5 percent in April 2026, surpassing the government's target range of 2 percent to 4 percent, the Bangko Sentral ng...

PH stocks close flat as March inflation breaches target

Local shares closed nearly flat Tuesday as the March inflation rate exceeded the Bangko Sentral ng Pilipinas’ target band of 2 percent to 4...

OFW remittances sustained growth in January—BSP

Filipinos working overseas sent $3.02 billion in cash remittances back to the Philippines in January 2026, up 3.5 percent from a year earlier amid...

PH stocks retreat ahead of January inflation data

Philippine stocks closed lower Wednesday on last-minute selling ahead of the release of January inflation data. The benchmark Philippine Stock Exchange index traded in the...

Gov’t debt climbed 10.3% to P17.71 trillion at end-2025

The Philippine government's outstanding debt reached P17.71 trillion at the end of December 2025, up 10.32 percent from P16.05 trillion in 2024, the Bureau...

PSEi slips below 6,300 as mining, banking stocks drag market lower

The Philippine Stock Exchange index slipped below the 6,300 level Monday, weighed down by negative overseas cues and sharp declines in banking and mining...

January inflation seen no more than 2.2%

Inflation rate in the Philippines likely settled within a range of 1.4 percent to 2.2 percent in January, the Bangko Sentral ng Pilipinas (BSP)...

Meralco warns of higher November power rates on weaker peso

Manila Electric Co. (Meralco), the Philippines’ largest power retailer, signaled that higher electricity rates are likely for November bills on rising pass-through charges, led...

Peso dip ‘momentary,’ may rebound by year-end, says solon

The recent depreciation of the Philippine peso is a "momentary" fluctuation led by seasonal demand and supply factors, according to a lawmaker and veteran...

Weaker peso led to higher October power generation rates

Power retailer Manila Electric Co. (Meralco) on Monday announced an increase of P0.2331 per kilowatt-hour for October 2025 on the back of higher generation...

PH stocks expected to move sideways this week amid lack of positive catalysts

Share prices are still expected to move sideways this week despite last week’s rebound, as investors remain cautious amid a lack of positive catalysts...

Weak peso pushed up August power rates, says Meralco

Consumers of Manila Electric Co (Meralco) will see higher power rates in August, with an increase of P0.6268 per kilowatt-hour (kWh) due to higher...

Peso plunges to 58.32 a dollar ahead of 19% US tariff implementation

Philippine stocks plummeted Thursday, falling below the 6,300 level, and the peso slid to 58.32 against the US dollar a day before the 19-percent...

Fuel prices higher by P1.10/l sparked by rising consumption

Oil firms implemented an oil price hike of as much as P1.10 per liter effective 6 a.m. Tuesday to reflect movements in the world...
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