THE peso declined to a one-month low against the greenback on Friday, dragged down by both domestic and global developments.
The local currency lost P0.27...
China’s yuan traded near a five-week low, with the Federal Reserve’s signals of a potential interest-rate increase putting renewed pressure on Asian currencies.
China’s exchange...
Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said Thursday remittances from overseas Filipinos will continue to be a major pillar of economic growth.
“I...
The peso climbed to a four-month high against the US dollar Thursday, after the Federal Reserve kept interest rates steady that weakened the greenback...