Friday, 29 March 2024

PHP / USD

Recent News
  • UPDATE 1-Philippine cbank cuts banks' reserve ratio, may add pressure on peso

    23:18 | 15/2/18
    Reuters
    MANILA, Feb 15 (Reuters) - The Philippine central bank said on Thursday it was reducing banks' reserve requirement ratio by 1 percentage point, a move that could pump more than $1.5 billion into the economy but put fresh pressure on the peso, which has ... more»
  • Peso slides as trade deficit widens to record

    19:56 | 9/2/18
    ABS-CBN News
    The trade deficit ballooned to $4.02 billion in December, a record for any month, from $3.84 billion in November, Philippine Statistics Agency data showed on Friday. more»
  • Peso firms up vs dollar in 2017

    05:07 | 31/12/17
    Philippine Star
    MANILA, Philippines - The peso ended the year on a positive note, gaining five centavos against the US dollar, bringing the full year depreciation of the local currency against the greenback to only 0.42 percent. more»
  • Diversifying in FX

    15:37 | 21/11/17
    Inquirer.net
    Many economists think the weakness of the Philippine peso will persist through 2018, no thanks to an expected more hawkish stance by the U.S. more»
  • Davao City Announces 5 Mln Peso Aid For Marawi

    00:26 | 8/11/17
    malaysiandigest.com
    DAVAO CITY, Nov 7 -- Davao City Mayor Inday Sara Duterte has announced that the city government was giving 5 million Philippine Peso (US$97,343) as assistance to the Local Government of Marawi for the rehabilitation of the city, which suffered from the ... more»
  • Peso seen hitting 52 to $1 by year-end

    04:22 | 18/10/17
    Business Mirror
    “If the BSP does not hike rates as we expected, then the Philippine peso may weaken more than our forecast next year,” the bank said. more»
  • PSE: Eight years of bull run and counting

    04:56 | 12/10/17
    Business Mirror
    The economy, as measured by GDP, was growing at a stillborn 1 percent. Inflation though was coming down from a 10-year high the previous July (10 percent) and was at 6.6 percent, which seemed absolutely wonderful to consumers. more»
  • PH, with Vietnam, still growth leaders in ASEAN but WB downgrades PH's growth ...

    20:07 | 5/10/17
    InterAksyon
    The World Bank also says, meanwhile it's seeing more currency risk in Southeast Asia, with the Malaysian ringgit and the Philippine peso particularly vulnerable. Foreign exchange reserves currently appear adequate, but the Washington-based lender said ... more»
  • ING: Peso likely to stay at P51:$1 level

    05:03 | 19/9/17
    The Manila Times
    Continued remittance inflows and a better-than-expected current account position could keep the Philippine peso in P51:$1 territory for the rest of year, ING Bank said on Monday. more»
  • ING sees peso weakening anew

    04:18 | 13/9/17
    Philippine Star
    MANILA, Philippines - Dutch financial giant ING Bank said it expects the peso to weaken anew against the US dollar toward the end of the month after piercing the 50 to $1 level due to the seasonally high import demand. more»
Global Indices
CodeLastChange
COMP10,3213283.08%
DJI29,6354041.34%
SP5003,583872.37%
DAX12,438820.67%
FTSE7,48850.07%
NI22522,4204081.86%
TWI67.270.000.00%
No news available...
Currencies
CodeLastChange
EURUSD0.97210.00550.56%
NZDUSD0.55480.00931.65%
AUDUSD0.61940.01071.70%
NZDAUD0.89640.00100.11%