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

Peso closes at P54.31 to $1, hovers near 13-year low

ABS-CBN News
Posted at Sep 25 06:48 PM

The Philippine peso closed at P54.31 to the dollar on Tuesday, its lowest in nearly 13 years amid talks of another interest rate hike by the Bangko Sentral ng Pilipinas (BSP). Read more »

Peso steady as gov't seen defending currency

ABS-CBN News
Posted at Sep 19 10:52 AM

Bangko Sentral ng Pilipinas Governor Nestor Espenilla's announcement that he would take a 2-week long medical leave starting Wednesday did not appear to affect the exchange rate. Read more »

DTI hinikayat ang maagang paghahanda para sa Pasko

ABS-CBN News
Updated as of Sep 18 11:03 PM

Hinikayat ang publiko na magsimula nang mamili para sa mga ihahanda sa darating na Pasko dahil sa pinangangambahang pagtaas ng presyo ng mga bilihin.   Read more »

Dissecting Data: Inflation, peso as gov't looks to midterm

ABS-CBN News
Updated as of Dec 23 12:50 PM

University of the Philippines economics professor Emmanuel de Dios helps analyze inflation data with Cathy Yang on ANC's Market Edge. Read more »

Peso poised for boost from holiday remittances: BSP

ABS-CBN News
Updated as of Sep 18 03:06 PM

The Bangko Sentral ng Pilipinas is seen supporting the local currency at the P54.28 level, said First Metro Securities analyst Paul Angelo. Read more »

Surging imports, inclement weather weigh down PH shipping

ABS-CBN News
Posted at Sep 13 11:43 PM

Aside from a weak peso, the local shipping industry is also weighed down by port congestion and the threat of inclement weather. Read more »

Sardinas, posibleng magtaas-presyo dahil sa pagsadsad ng piso

ABS-CBN News
Posted at Sep 13 09:33 PM

Maaaring tumaas ang presyo ng mga bilihin gaya ng de-lata dahil sa pagsadsad ng piso kontra dolyar, ayon sa grupo ng mga manufacturer ng mga de-latang sardinas.  Read more »

Some lawmakers hit economic managers amid quickening inflation, weak peso

RG Cruz, ABS-CBN News
Posted at Sep 12 05:55 PM

Some lawmakers on Wednesday criticized the administration's economic managers as more Filipinos feel the brunt of rising prices of goods.  Read more »

Peso touches 54 vs $1 as market monitors Bangko Sentral move

ABS-CBN News
Updated as of Sep 12 10:21 PM

The peso touched an intra-day low of P54.13 against the greenback from Tuesday's close of P53.94, holding at its weakest in nearly 13 years. Read more »

Ex-NEDA chief flags ‘alarming’ trade deficit

ABS-CBN News
Posted at Sep 11 11:33 PM

Economic managers have long argued that the peso's weakness is beneficial to exporters, but with the latest trade numbers showing lackluster export growth, experts are urging government to boost the local agriculture sector.  Read more »

Duterte needs to show leadership in address to nation

ABS-CBN News
Updated as of Sep 11 05:56 PM

Duterte spoke to the nation Tuesday in a televised interview with Chief Presidential Legal Counsel Salvador Panelo. Read more »

Peso weakens further, nears P54 vs $1 as trade gap widens

ABS-CBN News
Updated as of Sep 12 01:27 AM

The peso has hovered at its weakest levels against the dollar in nearly 13 years. Read more »

Trade deficit widens to $3.55 billion in July

ABS-CBN News
Updated as of Sep 11 02:35 PM

The July trade deficit is higher than $3.35 billion in June but lower than the $3.7 billion deficit in May.   Read more »

Peso weakens further, nears 54 vs $1 as market awaits BSP move

ABS-CBN News
Updated as of Sep 10 10:42 AM

MANILA -- The peso opened weaker against the dollar on Monday, with a breach of the P54 level likely, as the market awaited the central bank's moves on the exchange rate, an analyst said. Read more »

Pamilya ng OFW, umaaray na rin sa pagdausdos ng piso

ABS-CBN News
Posted at Sep 07 08:42 PM

Patuloy ang paghina ng halaga ng piso kontra dolyar at maging ang mga sektor na dapat nakikinabang sa paglakas ng foreign currencies ay dumadaing pa rin. Read more »

Peso nears 54 vs $1 as Bangko Sentral warns speculators

Jessica Fenol and Michelle Ong, ABS-CBN News
Updated as of Sep 07 04:58 PM

The peso could get a lift from seasonal dollar remittances ahead of the Christmas season. Read more »

Piso, bumagsak sa pinakamababa sa loob ng halos 13 taon

ABS-CBN News
Posted at Sep 07 02:57 AM

Kung kahapon tumaas ang inflation rate, kanina sumadsad ang palitan ng piso kontra dolyar sa pinakamababang antas sa loob ng halos 13 taon. Read more »

Lira, rand tumble after Argentine peso crashes

Claire Milhench, Reuters
Posted at Aug 30 05:55 PM

The Argentine peso crashed over 7 percent after a collapse in investor confidence in President Mauricio Macri's government. The central bank intervened to try and stabilize the peso, but the currency still closed at a record low of 34.10 per dollar. Read more »

PH posts $455-M balance of payments deficit in July

ABS-CBN News
Posted at Aug 20 06:55 PM

The Philippines posted a balance of payments deficit of $455 million in July pushing the total BOP deficit from the January to July to $3.71 billion, the Bangko Sentral ng Pilipinas said Monday.  Read more »

Inflation driving egg prices higher

ABS-CBN News
Posted at Aug 17 12:44 AM

Rising inflation and weak peso are weighing in on the local egg industry. Read more »