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Euro jumps 1 percent against dollar awaiting ECB rate hike

Agence France-Presse
Posted at Jul 19 08:29 PM

The euro jumped more than one percent against the dollar Tuesday, as traders mull whether the European Central Bank could hike interest rates more than expected. Read more »

Indian rupee breaches 80 per dollar, hits new record low

Agence France-Presse
Posted at Jul 19 01:58 PM

The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified. Read more »

Weak peso to get support from 'hawkish' BSP: analyst

ABS-CBN News
Updated as of Jul 14 04:14 PM

A more hawkish central bank, as well as hefty gross international reserves will "prevent the Philippine peso from spiraling out of control," a Union Bank official said. Read more »

Peso weakens further to P56.37 to $1

ABS-CBN News
Posted at Jul 12 05:40 PM

The Philippine peso depreciated further closing at P56.37 to $1 on Tuesday, according to data from the Bankers Association of the Philippines. Read more »

Peso closes at P55.979 to a dollar

ABS-CBN News
Posted at Jul 11 05:05 PM

The Philippine peso on Monday closed at P55.979 against the dollar, according to the data by Bankers Association of the Philippines website. Read more »

Does the weak peso really benefit OFWs' families?

Wena Cos, ABS-CBN News
Posted at Jul 08 09:26 PM

'Ang pinakamahalaga sa aming OFWs ay bumaba ang presyo ng bilihin sa Pilipinas, kasi 'yan ang magbibigay ng mas malaking value sa kinikita namin sa ibang bansa.' Read more »

PH gross reserves shrink to $102 billion in June

ABS-CBN News
Posted at Jul 07 07:14 PM

The Philippines' gross international reserves settled at $101.98 billion in June from $103.65 billion in May, the Bangko Sentral ng Pilipinas said. Read more »

Peso weakens further, falls to 56.06 to $1

ABS-CBN News
Updated as of Jul 07 06:40 PM

An analyst earlier warned that the peso's rapid depreciation could further stoke inflation, which already reached an almost 4-year high of 6.1 percent in June. Read more »

Peso weakens to P55.09 to a dollar; PSEi up 0.16 percent

ABS-CBN News
Posted at Jul 01 06:05 PM

The Philippine peso weakened further on Friday closing at P55.09 to a dollar from its previous close of P54.975, data from the Bankers Association of the Philippines showed. Read more »

Peso closes at P55.06 to the dollar

ABS-CBN News
Updated as of Jun 29 07:12 PM

The Philippine peso settled at P55.06 to the dollar at the end of Wednesday’s trading, according to the Bankers Association of the Philippines. Read more »

Exports, remittances, BPOs to support peso: next BSP chief

ABS-CBN News
Posted at Jun 28 09:10 PM

A day after the peso weakened to P55.15 to the dollar in intraday trading Felipe Medalla said nearly all currencies are depreciating against the greenback. Read more »

Japan inflation stays at seven-year high in May

Agence France-Presse
Posted at Jun 24 08:32 AM

apan's core consumer prices jumped 2.1 percent again in May, the second consecutive monthly jump of a level not seen in seven years, official data showed Friday. Read more »

Are OFWs happy with strong dollar?

Jekki Pascual, ABS-CBN News
Posted at Jun 23 06:19 PM

Overseas Filipino Workers (OFW) and their families are expected to benefit from the strengthening of the dollar as it increases the value of remittances. Read more »

Diokno: Walang dapat ipangamba sa paghina ng piso

ABS-CBN News
Posted at Jun 22 08:11 PM

Nagsara sa P54.47 ang piso kontra dolyar ngayong Miyerkoles, na pinakamahinang halaga nito sa loob ng halos 17 taon. Read more »

Stocks dive, peso weakens ahead of BSP rate meeting

ABS-CBN News
Posted at Jun 22 05:16 PM

Philippine stocks took a beating for the second straight day, and the peso lost further ground a day ahead of the rate-setting meeting of the Bangko Sentral ng Pilipinas. Read more »

Markets dive on inflation woes as dollar spikes against yen

Agence France-Presse
Posted at Jun 13 07:19 PM

Markets tumbled in Asia and Europe on Monday to extend a global rout while the dollar soared after a forecast-beating US inflation print ramped up bets on a more aggressive campaign of Federal Reserve interest rate hikes. Read more »

THE DAY IN PHOTOS: June 7, 2022

ABS-CBN News
Posted at Jun 07 11:45 PM

Here are the day's top stories in photos. Read more »

Sri Lankan cops guard gas station amid crisis

Chamila Karunarathne, EPA-EFE
Updated as of Jun 07 09:03 PM

Sri Lankan police officers stand guard at a gas station amid a fuel shortage in Colombo, Sri Lanka on Tuesday. Read more »

BSP opens forex facility for Filipinos returning from Ukraine

ABS-CBN News
Updated as of May 17 11:07 AM

The Bangko Sentral ng Pilipinas is opening a currency exchange facility (CEF) for overseas Filipinos and their families who are coming back from Ukraine. Read more »

What would be the impact of a US 'digital dollar'?

Juliette Michel, Agence France-Presse
Posted at Mar 10 03:11 PM

US President Joe Biden has ordered the federal government to look into creating a digital dollar, a move with the potential to reshape how money is moved and used around the world. Read more »