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THE PESO is seen to strengthen further against the dollar as easing inflation expectations following the policy tightening of the Bangko Sentral ng Pilipinas (BSP), as well as dovish remarks from a US central bank official, will likely support the local currency.
THE peso continued its ascent against the dollar on Friday as market participants reacted to further monetary tightening by the central bank.
THE peso strengthened further against the dollar to a seven-week high with market participants speculating about remittance and bond inflows.
ASIA’S dollar bond sales are set to end 2018 with a whimper after a sizzling start. Next year’s prospects may prove dimmer, bankers and investors say.