News Articles on {?keyword?} | ABS-CBN News

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 »

Stagflation fears keep equity markets in a somber mood

Sujata Rao, Reuters
Posted at Oct 04 08:42 PM

World stocks were on the back foot on Monday and the dollar stayed close to one-year highs on concerns that higher inflation, supply shortages and China's property sector woes would put global economic recovery at risk. Read more »

Philippine debt hits P11.64 trillion in August

Jessica Fenol, ABS-CBN News
Posted at Sep 30 01:52 PM

The Philippines' debt further climbed after hitting P11.64 trillion by the end of August, the Bureau of Treasury said Thursday. Read more »

Retail dollar bonds to boost financial inclusion, economic recovery: BSP

ABS-CBN News
Posted at Sep 27 02:36 PM

The Bureau of Treasury's issuance of its first-ever retail dollar bonds supports financial inclusion and can help speed up recovery, the Bangko Sentral ng Pilipinas said Monday. Read more »

Fitch Solutions sees peso weakening in near term

ABS-CBN News
Posted at Sep 22 04:57 PM

Fitch Solutions said this was because of the uncertainty around the country’s handling of the COVID-19 crisis, low rates, and weakening fundamentals. Read more »

Remittances seen to grow 5 pct this year: WorldRemit PH

ABS-CBN News
Posted at Sep 17 11:05 AM

Remittances are likely to grow by 5 percent this year despite the pandemic due to continued increase in key market sources and a rebound in some nations, WorldRemit PH country director Earl Melivo told ANC. Read more »

Dollar hits two-week high as Fed tapering expectations grow

ABS-CBN News
Posted at Sep 13 08:57 PM

The dollar strengthened to a two-week high versus a basket of major currencies on Monday. Read more »

PH's gross int'l reserves at $108.5 billion in August

ABS-CBN News
Posted at Sep 13 06:46 PM

The Philippines' gross international reserves (GIR) level rose to $108.5 billion in August from $107.15 billion the previous month. Read more »

Dollar near one-month low on bets for later Fed taper

Kevin Buckland, Reuters
Updated as of Sep 06 09:32 AM

The dollar languished near a one-month low versus major peers on Monday, as investors pushed back expectations for when the Fed tapering will begin. Read more »

Japanese shares gain on Suga's resignation

Alun John, Reuters
Posted at Sep 03 02:29 PM

Japanese shares jumped on Friday after officials said Prime Minister Yoshihide Suga would step down. Read more »

Dollar near one-month low as payrolls test looms

Kevin Buckland, Reuters
Updated as of Sep 03 10:52 AM

The dollar sank to its lowest in almost a month against major rivals on Friday, ahead of a crucial U.S. jobs report. Read more »

Asian shares rise on dovish Fed chair

Alun John, Reuters
Posted at Aug 30 09:23 AM

Asian shares started the week with gains and the dollar was not far off two-week lows. Read more »

Dollar holds firm as Fed hawks urge early taper

Hideyuki Sano, Reuters
Posted at Aug 27 09:00 AM

The dollar held firm on Friday after the U.S. Federal Reserve's hawkish wing called for tapering bond purchases. Read more »

Dollar pauses after biggest weekly rise in two months

Saikat Chatterjee, Reuters
Posted at Aug 23 04:19 PM

The US dollar slipped against its rivals on Monday in a bout of profit-taking after registering its biggest weekly rise in more than two months last week. Read more »

Dollar steadies after weak China data; Fed minutes eyed

Saikat Chatterjee, Reuters
Posted at Aug 16 06:41 PM

The dollar held its ground against major peers on Monday as disappointing monthly activity data from China helped the greenback claw back some losses. Read more »

PH gross int'l reserves at $106.55 billion in July: BSP

ABS-CBN News
Posted at Aug 13 11:56 AM

The Philippines's gross international reserves (GIR) level rose to $106.55 billion by the end of July, the Bangko Sentral ng Pilipinas said Friday. Read more »