Peso may climb further
THE PESO may strengthen further versus the dollar this week ahead of the release of data on manufacturing, inflation and unemployment.
Peso strengthens anew
THE PESO strengthened against the dollar on Tuesday as traders position ahead of the Bangko Sentral ng Pilipinas’ (BSP) rate-setting meeting on Thursday and amid growing external uncertainties.
Wirecard’s $2.1-billion hole deepens after forgery claim
Wirecard AG shares continued their free-fall after the two Asian banks that were supposed to be holding $2.1 billion of missing cash denied any...
Peso expected to weaken
THE PESO is expected to weaken against the dollar this week, with Federal Reserve (Fed) officials likely to deliver hawkish speeches amid mixed perceptions...
SSS chief seeks to increase monthly contribution rate this year
SOCIAL SECURITY System (SSS) intends to increase its monthly contribution rate to 14% this year after failing to implement the hike last year.
“We plan...
Peso declines further vs dollar
THE PESO weakened against the dollar on Monday, tracking regional currencies as the rally in emerging markets (EM) eased following weak China trade data.
Peso ends 2019 higher
THE PESO strengthened versus the dollar on the last trading day of 2019 as remittance inflows continued to surge for the holidays and amid risk-on sentiment due to positive news on the US-China trade deal.
Peso plunges to one-month low
THE PESO plunged against the dollar on Wednesday as wider trade deficit and slow remittance growth dragged the currency down.
The local currency ended yesterday’s...
Peso inches down vs dollar
THE PESO inched lower versus the dollar on Wednesday after the government posted a wider budget deficit in August amid lower revenues.
Peso weakens vs dollar
THE PESO declined on Monday ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting and amid weak data from large European economies.
EastWest Bank denies acquisition rumors
Officials from East West Banking Corp. (EastWest Bank) and its parent unit, Filinvest Development Corp. (FDC) denied rumors the bank is being sold to another lender.
Peso climbs to fresh three-year high vs dollar
THE PESO rallied against the greenback on Thursday to reach a new three-year high after data showing improved foreign portfolio investments as well as dovish signals from the US Federal Reserve.