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Cryptocurrencies pause, other currencies wait for Fed

ABS-CBN News
Posted at Jan 24 02:41 PM

The dollar traded steady on Monday ahead of the US Federal Reserve's January policy meeting later this week, while bitcoin lay bruised near a six-month low. Read more »

PH gross international reserves hit $108.9-B in December

ABS-CBN News
Posted at Jan 13 03:12 PM

The country's gross international reserves (GIR) level rose to $108.89 billion as of the end of December 2021, central bank data released Thursday showed. Read more »

PH, Japan renew bilateral swap deal

ABS-CBN News
Posted at Jan 04 12:29 PM

The Philippines and Japan renewed an agreement which enables the 2 countries to swap their local currencies in exchange for the US dollar, the central bank said Tuesday. Read more »

Apple becomes first company to hit $3 trillion market value, then slips

Nivedita Balu and Noel Randewich, Reuters
Updated as of Jan 04 09:20 AM

Investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services, such as Apple TV and Apple Music. Read more »

Dollar firms in soft holiday trading, outlook bullish

Alun John, Reuters
Posted at Dec 29 02:24 PM

The dollar inched up on Wednesday as a recent rally in shares showed signs of petering out, but holiday-thinned trading meant markets were showing little real direction. Read more »

Dollar shines, euro droops as Omicron spreads

Kevin Buckland, Reuters
Updated as of Dec 20 11:41 AM

The US dollar hovered near the highest since July of last year against major peers on Monday after a Federal Reserve official signaled a first pandemic-era interest rate hike could come as early as March. Read more »

Dollar edges up, euro falls before central bank meetings

Stefano Rebaudo, Reuters
Posted at Dec 13 06:17 PM

The dollar edged higher on Monday as investors braced for a batch of central banks’ policy meetings this week, including the US Federal Reserve's. Read more »

Dollar edges higher on Omicron-shock moves

Reuters
Posted at Nov 29 06:31 PM

The dollar edged higher, the euro fell and the yen steadied on Monday as currency markets reversed some of Friday's moves. Read more »

Dollar shines, euro suffers amid COVID fears in Europe

Kevin Buckland, Reuters
Posted at Nov 22 10:30 AM

The safe-haven US dollar traded close to a 16-month high to the euro on Monday on growing anxiety over the impact of surging COVID-19 infections in Europe. Read more »

Stocks dip, oil slides and havens shine as growth nerves nag

Tom Westbrook, Reuters
Posted at Nov 18 02:00 PM

Stock markets slipped and safe havens such as government bonds, gold and the yen were supported in Asia, as uneasiness crept in over interest rates and growth. Read more »

Dollar jumps after US retail data fuels rate hike bets

Tom Wilson, Reuters
Posted at Nov 17 08:30 PM

The dollar jumped on Wednesday as strong US retail sales data fuelled bets on earlier Federal Reserve interest rate hikes. Read more »

Dollar near 16-month high versus euro ahead of US retail sales data

Reuters
Posted at Nov 16 06:18 PM

The dollar held just below a 16-month high versus the euro on Tuesday, while the yuan reached its strongest in more than five months. Read more »

PH gross int'l reserves at $107.95-B in October

ABS-CBN News
Posted at Nov 12 03:05 PM

The Philippines' gross international reserves level rose to $107.95 billion as of the end of October, the central bank said Friday. Read more »

Dollar holds firm as Fed decision looms; yen dips

Kevin Buckland, Reuters
Posted at Nov 01 10:27 AM

The dollar traded near a 2 1/2-week high on Monday as quickening inflation in the US boosted the case for earlier Federal Reserve interest rate hikes. Read more »

PH debt hits record P11.92 trillion in September

ABS-CBN News
Posted at Oct 29 04:21 PM

The Philippines' debt further climbed to P11.92 trillion at the end of September, up 27.2 percent from the same month last year. Read more »

Dollar slips, lacking momentum ahead of central bank meetings

Elizabeth Howcroft, Reuters
Posted at Oct 26 08:31 PM

The dollar slipped but struggled to gain momentum, with most major currency pairs little changed as investors waited for major central bank meetings. Read more »

PH gross reserves dip to $107.16-B in Sept

ABS-CBN News
Posted at Oct 13 05:22 PM

The Philippines's gross international reserves (GIR) level slightly declined to $107.16 billion in September compared to the $107.96 billion in end-August, the central bank said Wednesday. Read more »

Dollar hits highest vs yen in nearly 3 years

Ritvik Carvalho, Reuters
Posted at Oct 11 06:14 PM

The dollar rose to its highest in nearly three years versus the yen on Monday on expectations the Fed will announce a rollback of stimulus. Read more »

OF Bank raises P10.285M from issuance of retail dollar bonds

ABS-CBN News
Posted at Oct 11 12:00 PM

The Overseas Filipino Bank said Monday raised a total of P10.285 million ($203,200) from the issuance of the recent Retail Dollar Bonds (RDBs) offering of the Bureau of Treasury. Read more »

Dollar holds near 14-month high to euro on inflation fears

Kevin Buckland, Reuters
Posted at Oct 07 10:39 AM

The dollar held close to a 14-month high against the euro on Thursday as a surge in energy prices fuelled worries that inflation could crimp economic growth. Read more »