The Philippine peso slightly rebounded to 57.71 against the US dollar Friday from a 17-month low of 57.78 Thursday on increased trading volume.
Data from the Bankers Association of the Philippines (BAP) showed that trading reached nearly $1.7 billion Friday, up from $1.4 billion the day before.
The peso is among the regional currencies that depreciated against the dollar in recent weeks amid the tension in the Middle East and the...
The Bangko Sentral ng Pilipinas said Wednesday it retired 519.93 metric tons of unfit, demonetized, mutilated and counterfeit coins through defacement to maintain the...
The Asian Development Bank said it adopted a comprehensive reform roadmap featuring a new operating model to accelerate its transformation and more effectively serve...
The peso’s recovery to around 58 against the US dollar last week will help ease inflationary pressures, an economist said over the weekend.
Rizal Commercial...
