The peso closed lower at P48.56 to the US dollar Monday, ( April 12) from P48.54 last Thursday.  The weighted average rate appreciated to P48.564 from P48.579. Total volume amounted to $373 million, according to the Bankers Association of the Philippines.
The Philippine peso and the Thai baht offer a tale of contrasting fortunes, with one faring better than the other against a strong dollar. The peso dropped 1% against the greenback in the first quarter, outperforming the baht whose 4.2% decline made it emerging Asia’s laggard. The divergence is...
The peso closed lower at P48.635 to the US dollar Monday, (April 5) from P48.53 last Wednesday.  The weighted average rate  depreciated  to P48.556 from P48.544. Total volume amounted  to  $637.3 million, according to the Bankers Association of the Philippines.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno assured foreign investors that the foreign exchange environment will continue to be stable and he sees no threats to the Philippine peso, making the country an attractive investment location still. “The peso is sound and there’s no...
The peso closed higher at P48.58 to the US dollar Thursday, (March 25)  from P48.665 the previous day. The weighted average rate  appreciated  to P48.631 from P48.681. Total volume amounted  to $691.29 million, according to the Bankers Association of the Philippines.
Development Bank of the Philippines (DBP)’s total assets reached P1.04-trillion last year, up 37 percent from P761.24 billion in 2019, as deposits grew 47.6 percent to P817.9 billion and investments increased 26 percent to P260.1 billion. Development Bank of the Philippines headquarters in Makati...
The peso closed higher at P48.58 to the US dollar Monday, ( March 22)  from P48.62 last Friday.  The weighted average rate  appreciated  to P48.584 from P48.674. Total volume amounted  to $634.8 million, according to the Bankers Association of the Philippines.
The peso closed lower at P48.54 to the US dollar Monday, ( March 15) from P48.455 last Friday.  The weighted average rate  depreciated  to P48.493  from P48.435. Total volume amounted  to $798.55 million, according to the Bankers Association of the Philippines.
The peso-US dollar exchange rate largely steady in the first quarter – is expected to start to appreciate by end-March as the economy shows more signs of a rebound, according to a Metrobank unit. First Metro Investment Corp. (FMIC) and research partner University of Asia and the Pacific...
The peso closed higher  at P48.59  to the US dollar  Friday, (Feb.  26)  from P48.605 on Wednesday. The weighted average rate  depreciated  to P48.653  from P48.637.  Total volume amounted  to  $1.325.55 billion, according to the Bankers...
The peso closed higher at P48.64 to the US dollar on Tuesday, (Feb. 23) from P48.70 the previous day. The weighted average rate depreciated to P48.701 from P48.562. Total volume amounted to $1.221.2 billion,...
The peso closed higher at P47.93  to the US dollar Monday (February  15)   from P48.045 last Thursday. The weighted average rate  appreciated  to P47.952 from P48.032.  Total volume amounted  to  $1.512.5 billion, according to the Bankers...
