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THE BANGKO SENTRAL ng Pilipinas (BSP) will not opt to set a fixed exchange rate for the peso, with its chief calling it a “dangerous” move for the economy.
The peso is seen to weaken against the dollar for the rest of the week as investors expect the minutes of the latest meeting...
THE PESO strengthened slightly against the dollar on Monday as markets await the minutes of the latest meeting of the US Federal Reserve and trade talks between Washington and Beijing.
THE peso firmed against the dollar on Friday as the announcement of trade talks between China and the United States next week encouraged some risk-on sentiment on the market, though trading came in a narrow range and volume declined.
THE PESO strengthened slightly against the dollar on Thursday as Qatar’s investment pledge supported the Turkish lira.
Don’t count on a Powell Pause. That’s the message seasoned watchers of the Federal Reserve have for any investors hoping that turmoil in Turkey and...
THE peso declined against the dollar on Friday with market participants awaiting jobs data from the US as well as a slew of Philippine economic data next week.
MOST ASIAN CURRENCIES weakened on Monday as investors braced ahead of a busy week lined with central bank meetings, corporate results and updates on US inflation and payrolls.
THE PESO strengthened further against the dollar on Monday on the back of equity flows and hawkish statements from the Bangko Sentral ng Pilipinas (BSP).
The peso strengthened slightly on Monday, July 23, as the dollar weakened amid sustained concerns over the the trade spat between the United States...
China’s yuan is back at the top of emerging-market investor worries as the deepening standoff between the U.S. and China over trade threatens to...
THE peso strengthened against the dollar on Friday after remarks from the central bank were taken to mean it is planning another interest rate hike during its next monetary policy meeting.
The peso strengthened against the dollar on Friday, July 20, after the local central bank hinted at another interest rate hike during its next...
THE PESO weakened against the dollar to hit a fresh 12-year low due to continuous corporate demand for the dollar as well as the negative statement of US President Donald J. Trump against the European Union (EU).
THE BANGKO SENTRAL ng Pilipinas (BSP) has tapped the National Bureau of Investigation (NBI) for a crackdown on peddlers of fake money on social media.