Wednesday, May 20, 2026
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Tag: Philippine peso

CAVITEX toll to increase starting Oct. 28

The Toll Regulatory Board (TRB) has approved toll adjustments for the Manila-Cavite Expressway (CAVITEX), following petitions filed in 2020 and 2023 by joint venture...

PH shares inch up ahead of Fed meet, peso slips further to 58.61

Philippine shares ended slightly higher Thursday ahead of the US Federal Reserve’s rate-setting meeting slated later this week and easing global crude prices. The bellwether...

BSP likely to continue rate cut in December—Oxford Economics

The Bangko Sentral ng Pilipinas (BSP) will likely maintain an easing bias and further reduce its policy rate in December, with inflation well anchored...

Philippine government debt surpassed P17.5-trillion mark in July 2025

The Philippine government's debt surpassed the P17.5-trillion mark for the first time in July 2025 as it climbed 11.9 percent year-on-year, according to data...

Stocks, peso decline ahead of President’s SONA

The Philippine peso and stocks ended the week in the red as investors remained cautious ahead of President Ferdinand Marcos’ State of the Nation...

Market closes below 6,300 on interest rate concerns

The Philippine stock market closed below the 6,300 level Friday despite the regional upswing on concerns over interest rates. The Philippine Stock Exchange index (PSEi)...

Peso tumbles to record low of 59.0 vs. US dollar

Philippine stocks snapped a four-day winning streak on profit-taking, after the peso tumbled to a record low of 59.0 against the US dollar Thursday. “The...

PH stocks bounce back, peso slides to 58.32 a dollar

Philippine stocks rebounded, but the peso slid past the 58-a-dollar level Friday as government agencies began counting the damage from Typhoon Kristine. The 30-company Philippine...

PH stocks near 7,000 level;peso tumbles

Philippine stocks traded higher Monday, pushing the benchmark index near the 7,000 level on strong buying from domestic from local and overseas investors. The 30-company...

Stable peso paves road to becoming UMIC

The Philippine peso, in addition to sustained economic growth, is crucial to the Philippines’ bid to become an upper-middle-income country (UMIC) by 2025. This is...

Peso closes at 56.90 per US dollar

The Philippine peso closed at a new four-month high against the US dollar ahead of the Bangko Sentral ng Pilipinas’ decision Thursday to reduce...

Peso sustains gains, stock index rises above 6,700 level

The Philippine peso sustained its gains, while local stocks rose Wednesday ahead of the Monetary Board’s policy meeting. The peso closed at 56.95 against the...

Peso drops to 58.27 a dollar as BoP incurs wider deficit

The Philippine peso fell to a new 18-month low, closing at 58.27 against the US dollar Tuesday amid strong investor appetite for the greenback. It...

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...
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