Saturday, December 27, 2025
Today's Print

Tag: exchange rate

Oxford, Citi expect another BSP rate cut in fourth quarter

Global research firm Oxford Economics and US bank Citi expect another interest rate cut by the Bangko Sentral ng Pilipinas (BSP) in the fourth...

Peso plunges to 57.90 a dollar

The Philippine peso plunged to 57.90 against the US dollar Monday, the lowest in nearly 18 months, on the general strength of the greenback. The...

Oxford Economics sees peso falling to 57 a dollar by fourth quarter

Oxford Economics, a UK-based economic forecasting agency, said Tuesday it expects the peso and other Asian currencies to trade weaker in the fourth quarter...

How the weaker peso is affecting remittances—and three ways Filipinos can take advantage

In 2022, the value of the Philippine peso has significantly depreciated due to various factors including the high US Dollar value, rise in global...

Peso retreats to a record low of 59 per dollar

The peso retreated again to an all-time low of 59 per US dollar Monday after a week of flirting near that level as the...

Rising dollar

A teller shows the only dollar bill exchanged at their money changer shop at United Nations Avenue, Manila on Wednesday on September 28. According...

Free fall

"To discourage you from changing your pesos into dollar, you have to be penalized. That penalty is the higher dollar rate against the peso" The...

Fasten your seat belts

"With the Russia-Ukraine conflict continuing to drag, winter coming up, and the peso value continuing to go down, today’s relief might be very temporary" We’re...

Peso falls to 56.77 against US dollar

The peso on Friday depreciated to a new record low against the US dollar as investors sought the safety of the greenback. The peso shed...

Egypt’s currency plunges almost 17% against greenback

The Egyptian pound plunged nearly 17 percent in value against the US dollar on Monday, following a rise in inflation and amid mounting economic...

Fitch sees peso-dollar rate falling to 51.80:$1

Fitch Solutions, a unit of Fitch Group, has lowered its peso-dollar average exchange rate forecast for 2022 to P51.80 from P51, saying the Bangko...

Businesses turned less bullish in third quarter–BSP survey

Businesses turned less bullish in the third quarter, results of a survey conducted by the Bangko Sentral ng Pilipinas show. The business confidence outlook on...

German investors worried over taxes

The highly volatile exchange rate and the current tax framework are the two biggest concerns that deter German companies from doing more business in...

No need to change dollar peg, says HK

Hong Kong’s pegged exchange rate should stay as it has served the city well through financial crises for more than 30 years, the chief...
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