Peso tumbles to one-month low of 55.22 against US dollar
The peso tumbled to a one-month low against the US dollar Wednesday, pulled down by the recent hawkish policy signals ...
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US Fed’s action to affect peso-dollar movement
The movement of the peso this year will largely hinge on the actions of the US Federal Reserve whether it ...
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Peso and stocks slide on inflation report
Both the Philippine peso and local stocks tumbled for a second day after the government announced that inflation rate hit ...
Read moreStock market falls; Peso breaches 53-a-dollar mark
Stocks fell but the Philippine peso advanced Thursday after the US Federal Reserve unveiled its latest quarter-point increase in borrowing ...
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National gov’t debt slightly fell to P13.42 billion in December
The government’s total outstanding debt declined to P13.42 trillion as of end-December 2022 from P13.644 trillion in November, thanks to ...
Read moreMarket 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 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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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.