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Air fares to go up as peso weakens
Low-cost carrier Cebu Pacific expects the cost of air travel to go up if the peso keeps on depreciating, as the airline sources its jet fuel abroad, making it prone to foreign exchange fluctuations......»»
BSP seen defending peso at below 58:$1
The peso has been a “clear laggard” among Asian currencies against the dollar recently, which may prompt the Bangko Sentral ng Pilipinas (BSP) to defend the local unit and keep it below the 58 to $1 level, according to British banking giant HSBC.....»»
The skidding peso again?
The peso is skidding again and no one is paying attention anymore......»»
‘BSP ready to mitigate excessive peso volatility’
Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
Filipino artist drops new single dedicated to TWICE
Filipino artist drops new single dedicated to TWICE.....»»
MCWD water production drops further
MCWD water production drops further.....»»
PDP drops ‘Laban’ from name
PDP drops ‘Laban’ from name.....»»
New anti-popstar IIICCCYYY drops debut single ‘Habit’
New anti-popstar IIICCCYYY drops debut single ‘Habit’.....»»
New anti-popstar IIICCCYYY drops debut single ‘Habit’
New anti-popstar IIICCCYYY drops debut single ‘Habit’.....»»
New anti-popstar IIICCCYYY drops debut single ‘Habit’
New anti-popstar IIICCCYYY drops debut single ‘Habit’.....»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
Central Visayas inflation drops to 2.5%
Central Visayas inflation drops to 2.5%.....»»
Prince Harry drops libel case against Daily Mail after damaging pretrial ruling
Prince Harry drops libel case against Daily Mail after damaging pretrial ruling.....»»
Fuel prices seen to increase next week
Pump prices of fuel products are set to increase again next week due to the weaker peso and production cuts in the global oil market, according to the forecast of the Department of Energy (DOE)......»»
Stocks end with second straight loss
The stock market closed lower for a second day as investors remained cautious due to the weakening of the peso......»»
Peso Weakens to P58.27 Against US Dollar, Weakest Since November 2022
The peso continued to weaken to PHP58.27 against the US Dollar last Tuesday, May 22, 2024 — the lowest since November 2022. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said in a statement that the depreciation is in line with other currencies in the region, mainly due to the strengthening of the US […].....»»
Peso slide pulls down market
The peso’s slide pulled down share prices yesterday following a strong opening at the start of the week......»»
Treasury sells P22.7 billion T-bonds on partial award
The government managed to raise P22.7 billion in a fresh issuance of long-term securities as rates picked up after the peso slid to an almost two-year low......»»