peso-dollar | ABS-CBN News

Peso seen trading at P57-P59 to dollar this year

Warren de Guzman, ABS-CBN News
Posted at Jan 11 03:42 PM

Despite its recent gains, the peso is expected to weaken again this year according to economists from First Metro Investments Corp (FMIC) and the University of Asia and the Pacific (UA&P). Read more »

Peso strengthens to P54 vs dollar level, strongest since June 30

ABS-CBN News
Updated as of Jan 10 07:37 PM

Data from the Bankers Association of the Philippines showed the peso closing at P54.87 to the US dollar on Tuesday after closing at P55.11 on Monday. Read more »

BSP: Worst over for strong dollar

Jekki Pascual, ABS-CBN News
Posted at Dec 20 06:40 PM

Bangko Sentral ng Pilipinas Governor Felipe Medalla on Tuesday said the worst is over for the strong dollar as the Philippine peso regains strength. Read more »

BSP airs concern on Maharlika fund’s impact on GIR

Warren de Guzman, ABS-CBN News
Posted at Dec 05 09:56 PM

The Bangko Sentral ng Pilipinas on Monday said it was concerned over how the Maharlika fund may impact the country’s gross reserves and supervision of banks. Read more »

PH debt grows to P13.52 trillion amid peso weakness

ABS-CBN News
Posted at Nov 03 04:32 PM

The Philippines' sovereign debt hit P13.52 trillion in September partly due to the peso depreciation against the US dollar, the Bureau of Treasury said. Read more »

Gobyerno sinigurong may plano sa harap ng inflation

ABS-CBN News
Posted at Oct 18 08:56 PM

Siniguro ng economic team ng pamahalaan na may plano ang gobyerno para tugunan ang patuloy na pagtaas ng presyo ng bilihin at ang pagbagsak ng piso kontra dolyar. Read more »

PSEi climbs 1.11 percent, peso again at P59 to dollar

ABS-CBN News
Posted at Oct 17 06:51 PM

Philippine shares climbed 1.11 percent to the 5,970.33 on Monday while the peso again slid to its record weakest level of P59 to a dollar for the 4th time in 2 weeks. Read more »

Peso closes at all time low of P59 to $1 on Oct. 13

ABS-CBN News
Updated as of Oct 13 05:11 PM

The Philippine peso closed at its weakest level again against the US dollar at P59 on Oct. 13. Read more »

Trade deficit widens to $6 billion in August: PSA

ABS-CBN News
Posted at Oct 11 10:55 AM

The trade deficit widened to $6 billion in August, as imports continue to outpace exports, data from the Philippine Statistics Authority released Tuesday showed. Read more »

Peso again closes at P59 to dollar on Oct 10

ABS-CBN News
Updated as of Oct 10 06:19 PM

The Philippine peso again closed at its weakest level of P59 to $1 on Oct. 10. Read more »

BSP says managing effects of strong dollar on markets

ABS-CBN News
Updated as of Oct 04 07:17 PM

The Bangko Sentral ng Pilipinas on Tuesday said it was taking steps to manage the effects of the dollar rally that has been pushing down the value of the peso. Read more »

Peso sinks to new record low of P59 to $1

ABS-CBN News
Updated as of Oct 03 04:58 PM

The Philippine peso continued its losing streak against the US dollar, closing at yet another record low of P59 to $1 on Monday, Oct. 3. Read more »

Another off-cycle rate hike possible for BSP: analyst

ABS-CBN News
Posted at Oct 03 10:44 AM

It's possible for the BSP to implement another off-cycle interest rate hike depending on the US Federal Reserve's increase, an analyst said. Read more »

Peso likely to fall further vs US dollar as Fed stays hawkish: analyst

ABS-CBN News
Updated as of Sep 30 12:00 PM

The peso depreciation against the dollar is widely expected to continue as the US Federal Reserve indicated it would keep rates high, an analyst said. Read more »

Peso may weaken to P65 to $1 says Salceda

Jekki Pascual, ABS-CBN News
Posted at Sep 28 07:29 PM

Albay Representative Joey Salceda said on Wednesday the Philippines must brace for the possibility that the peso may weaken to as much as P65 against the US dollar. Read more »

Peso's fall not seen to have big benefit on BPO sector

Warren de Guzman, ABS-CBN News
Posted at Sep 28 02:38 PM

IBPAP said other countries competing with the Philippines in the BPO indusry have also seen their currencies fall versus the US dollar. Read more »

Peso touches P59 intraday vs 'extremely strong' US dollar

ABS-CBN News
Updated as of Sep 28 05:29 PM

The Philippine peso breached the P59 level intraday before recovering and closing at P58.98 against the US dollar on Wednesday, according to data from the Bankers Association of the Philippines. Read more »

Peso falls to new record low vs dollar, PSEi plunges

ABS-CBN News
Updated as of Sep 27 06:40 PM

The Philippine peso fell to a new record low of 58.99 against the US dollar on Tuesday while the Philippine Stock Exchange Index also tumbled. Read more »

Paano nagiging masama ang mataas na halaga ng dolyar?

ABS-CBN News
Updated as of Sep 24 09:10 PM

Ayon sa ekonomista na si Prof. Emmanuel Leyco, nakababahala ang paghina ng piso dahil dolyar ang ibinabayad ng Pilipinas sa mga produktong inaangkat gaya ng langis at trigo. Read more »

Bagong all-time low: Piso nagsara sa P58.50 kontra dolyar

ABS-CBN News
Posted at Sep 23 07:43 PM

Nagsara sa P58.50 ang palitan ng piso kontra dolyar ngayong araw. Read more »