The Philippine peso slipped past ₱58 per US dollar as flood-control corruption fears and US dollar strength shook investor ...
The local bourse’s main index rose for the third straight session Thursday, boosted by the cut in the US Federal Reserve’s key rate Wednesday. The peso, however, depreciated against the US dollar. The ...
Asia/Pacific benchmark indexes mixed, Nikkei 225 loss could recover on US/Japan trade talks Rally in Chinese shares led the sentiment-linked Australian Dollar higher, NZD weak on RBNZ USD/PHP recent ...
THE Bangko Sentral ng Pilipinas (BSP) is expected to reduce rates further, mirroring the recent decision of the United States Federal Reserve. This was according to the University of Asia and the ...
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Peso weakness could pause BSP easing cycle
A CONTINUED weakening of the peso could prompt the Bangko Sentral ng Pilipinas to pause its easing cycle this December, analysts said. While most economists still see another 25-basis point (bps) ...
USD gains last week weighed on most ASEAN currencies apart for the Philippine Peso Rising bets of a BSP rate hike lifted PHP ahead of this week's monetary policy decision Ahead, we will see how the ...
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may opt for a temporary pause in cutting borrowing costs next month if the Philippine peso weakens further against the US dollar, according ...
The Manila Times on MSN
BSP seen shifting peso-dollar stance
THE Bangko Sentral ng Pilipinas (BSP) could opt to pick up the pace of interest rate cuts late this year, HSBC Global ...
Interventions to prop up currency won’t be effective in the face of global risk aversion The Philippines will tolerate the slide in its currency to a two-month low, with the central bank governor ...
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