Market declines; Peso climbs to 54.40 a dollar
Stocks fell Thursday, as investors stayed on the sidelines despite the government’s announcement that the economy grew 7.2 percent in ...
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Interest rate hikes bolstered peso, tamed inflation—BSP
Bangko Sentral ng Pilipinas Governor Felipe Medalla said Tuesday monetary authorities successfully contained inflation and prevented the further depreciation of ...
Read moreStocks fall; Peso rises to 54.43 a dollar
Stocks retreated amid thin trading Tuesday, as other Asian markets remain in Lunar New Year break and investors wait for ...
Read morePSE index tops 7,000; Peso climbs
The local stock market continued its bull-run Monday, sending the benchmark index above the 7,000 level, following another rally on ...
Read moreStock market falls; Peso advances to 54.8 a dollar
Stocks fell for a second day on lingering worries over inflation that may force monetary authorities to adjust the interest ...
Read moreStock market retreats; Peso hits 54.87 a dollar
Stocks retreated Tuesday, as growing optimism over China’s economic reopening was offset by warnings that US interest rates will continue ...
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Peso fell 9.3% in 2022 to close at 55.75 a dollar
The peso depreciated 9.3 percent against the US dollar in 2022, pulled down by global uncertainties that impacted financial markets, ...
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Bank economist sees peso falling against US dollar after the holidays
The peso will likely weaken in the first quarter of 2023 from the 55-per-dollar level in December that saw seasonally ...
Read morePeso closes at five-month high of 55.1 per US dollar
The peso on Wednesday climbed to a more than five-month high against the US dollar amid the seasonally high inflows ...
Read moreStocks fell on global sell-off; Peso closes at 55.45 a dollar
Stocks retreated amid a global sell-off Wednesday, while the peso closed at a new three-month high against the US dollar ...
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