Thursday, May 21, 2026
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Tag: Philippine peso

Peso plummets to 50.23 a dollar

The peso plummeted to a new 10-year low of 50.23 against the US dollar Monday, weighed down by the expected interest rate hike by...

Peso sinks to 10-year low of 50 to $1

THE peso fell to more than 10-year low against the greenback on Friday, driven by the uncertainty in the external market, especially the looming...

Peso slides to 50 a dollar again

The peso touched the 50-a-dollar level Thursday, closing near a 10-year low, following the recovery of the greenback ahead of Donald Trump’s inauguration as...

Peso to face another tough year – analysts

Southeast Asia’s worst-performing currency of 2016 is in for another tough year with President Rodrigo Duterte’s spending plans seen boosting imports just as rising...

UBS sees peso falling to 51 per dollar in ’17

Swiss financial giant UBS expects the peso to fall to 51 a dollar in 2017 and 55 a dollar in 2018 amid the policy...

Peso falls to 50:$1; stocks slump

The peso touched the 50-a-dollar level for the second time this year, closing at near a 10-year low, while stocks slid for a fourth...

Foreign reserves decline to $82.7b

The country’s gross international reserves declined to a nine-month low of $82.73 billion in November, amid the drop of the peso against the US...

Govt debt fell 1.4% to P6.07t in October

Outstanding debt of the national government dropped 1.4 percent in October to P6.069 trillion from the previous month, partly on foreign exchange fluctuations, the...

Weak peso to raise Mitsubishi car prices

Mitsubishi Motors Philippines Corp. will soon increase the prices of its vehicles, including those of Fuso trucks.    The price hike is to due to...

Weak peso likely to raise power rates

Power generation charges may slightly increase in December because of the peso depreciation and higher fuel prices, according to an official of Manila Electric...

DoF blames fund managers’ overreaction for peso slump

The depreciation of Asian currencies including the peso against the US dollar was due to the “overreaction” of fund managers across the region, the...

Malacañang unfazed by peso’s slide

MALACAÑANG on Friday allayed fears over the depreciation of the peso which reached P50-a-dollar for the first time in eight years, saying that the...

Peso touches 50-a-dollar level

The peso touched the 50-a-dollar level for the first time in eight years before settling slightly higher at 49.98 against the greenback Thursday, as...

Peso sank to 49.85 per dollar Tuesday

The peso sank to a new eight-year low against the US dollar Tuesday, pulled down mainly by the looming interest rate hike by the...
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