Friday, May 1, 2026
Today's Print

Tag: Philippine peso

Global pressures weigh on peso

Malacañang on Thursday attributed the historic weakness of the Philippine peso to external economic pressures, including a strong United States (US) dollar and rising...

Peso slumps to new low of 61.56 a dollar

The peso slumped to a record low of 61.567 against the US dollar for a second consecutive day Wednesday as investors weighed the prospect...

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...

Peso sinks to 60.71 a dollar, stocks drop on rising oil prices

The Philippine peso weakened to 60.71 against the US dollar Monday, while local stocks finished just above the 5,900 level as rising oil prices...

Concepcion reports 41% profit drop

Concepcion Industrial Corp. (CIC) reported a 41-percent decline in first-quarter net income on Monday as foreign exchange losses and subdued retail demand weighed on...

Peso bonds to join J.P. Morgan index in 2027

Philippine peso-denominated government bonds will join the J.P. Morgan Government Bond Index-Emerging Markets series on Jan. 29, 2027, according to a joint announcement by...

PH shares sink below 6,000; peso slides on MidEast tensions

Philippine shares fell below the 6,000 level Friday as investors worried about the negative impact of Middle East tensions on the domestic economy. The peso...

PH stock index posts slim gain; peso closes at 59.97 a dollar

Philippine shares registered marginal gains Friday as investors maintained a cautious stance amid lingering uncertainties in the Middle East. The 30-company Philippine Stock Exchange index...

Stocks climb; peso closes at 59.43 a dollar

Philippine equities surged more than 2 percent Wednesday to close above the 6,000 level as global markets rallied following a two-week ceasefire agreement between...

Philippine peso rebounds to 59-level on US-Iran ceasefire hopes

The Philippine peso strengthened to the 59-per-dollar level Wednesday, closing at 59.43 against the greenback as market optimism rose following reports of a military...

Philippine money supply, bank lending growth quickened in February

Philippine bank lending and domestic liquidity grew at a faster pace in February compared to the previous month, according to preliminary data released by...

Peso hits record low of 60.748; stocks climb

The Philippine peso slipped 5.8 centavos to a new all-time low of 60.748 against the US dollar Tuesday as oil price volatility and sustained...

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...

Stocks, peso rise as Middle East tensions ease

The Philippine peso and local stocks rose Tuesday after US President Donald Trump announced a five-day pause on military attacks against Iran, sparking a...
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