Peso plunges vs dollar
THE PESO plunged against the dollar on Thursday propelled by optimism on the US-China trade negotiations.
Peso inches lower as market eyes US policy
THE PESO slipped further against the dollar on Tuesday as investors stayed on the sidelines ahead of the inauguration of the incoming president of the United States on Wednesday.
Peso climbs to fresh high on positive economic data
THE PESO climbed to a new three-year high versus the greenback on Wednesday following the release of data showing a narrower June trade deficit and faster inflation in July.
Peso drops on slowdown fears
THE PESO declined against the dollar yesterday amid risk aversion as investors priced in a possible global economic slowdown.
Peso expected to weaken on volatile oil prices
THE PESO may weaken this week amid continued volatility in global oil prices due to the coronavirus disease 2019 (COVID-19).
Peso weakens anew on fears of growth slowdown due to virus
THE PESO depreciated slightly on Monday following the appreciation of the Chinese yuan and as markets continue to factor in a possible global growth slowdown due to the novel coronavirus outbreak.
Peso rises against dollar
THE PESO moved sideways against the dollar on Thursday due to growing concerns over the passage of the tax reform measure in the US.
The...
Peso weakens versus the dollar as oil prices correct
THE PESO depreciated against the greenback on Wednesday as oil prices corrected and due to dollar demand from corporate clients.
Security Bank to face asset quality risks due to large retail loan portfolio
SECURITY BANK Corp. will continue to face asset quality pressures this year mainly due to its “troubled retail portfolio,” S&P Global Ratings said on...
Peso weakens vs dollar on recovery in oil prices
THE PESO retreated against the greenback on Wednesday as oil prices corrected, with demand recovering on easing restriction measures amid the pandemic.
Peso continues rally against dollar
THE peso continued to rally against the dollar on Friday on positive market sentiment about inflation.
Peso expected to strengthen against dollar
THE PESO could further strengthen against the US dollar this week, on optimism arising from the central bank’s dovish stance after it reduced both policy rates and lenders’ reserve requirement ratio (RRR).