The Philippine peso remained firm last year despite extreme volatility in currencies and rising risks in the global economy heightened by the spread of coronavirus disease, the Department of Finance (DOF) said. In his latest economic bulletin, Finance Undersecretary Gil S. Beltran, said the peso...
The peso closed higher at P48.020 to the US dollar Monday, the first trading day of the year from P48.023 on December 29, 2020.  The weighted average rate depreciated to P48.022 from P48.021. Total volume amounted to $873.75...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno reiterated Friday that the peso vis-à-vis the US dollar will continue to be “supported by fundamentals” in the “long run”. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno (MB file) And, he said that “over the...
The peso closed  higher  at P48.05  to the US dollar today   from P48.07 last Friday.  The weighted average rate appreciated  to P48.054   from P48.072. Total volume amounted to $358.8 million, according to the Bankers Association of the...
The peso closed  higher at P48.145  to the US dollar Tuesday  from P48.205  the previous day. The weighted average rate appreciated  to P48.177  from P48.192. Total volume amounted to $747.75 million, according to the Bankers Association of the Philippines.
A Facebook post shared by plant nursery Arid and Aroids Nurseries confirms that BG Regale (Sansevieria rorida), a million-peso hybrid plant, has been stolen. The post says, “This is to confirm the rumors circulating on Facebook and group chats.. S. BG Regale HAS BEEN STOLEN.” It says that...
The peso closed higher at P48.145 to the US dollar Monday from P48.22 last Friday. The weighted average rate appreciated to P48.134 from P48.272. Total volume amounted to $679.3 million, according to the Bankers...
The central bank will no longer limit its rediscounting facility through a budget and instead adopted an “open regime” principle as a monetary policy tool to infuse liquidity to a pandemic-hit market. The Bangko Sentral ng Pilipinas (BSP) used to have a specific budget for its Peso Rediscount...
The peso closed  higher  at P48.22 to the US dollar Friday   from P48.31 the previous day. The weighted average rate appreciated  to P48.272 from P48.35. Total volume amounted to $779  million, according to the Bankers Association of the Philippines.
The Philippine peso’s rally has defied the odds as the global pandemic raged. Now as the currency stalls, the nation’s trade data could bring a second wind. A widening current account surplus and narrowing trade gap helped propel the peso to the top of the Asia-Pacific currency leader board by...
The Philippine peso, which now hovers around P48 to the US dollar, is more on the defensive side and can still accommodate a little depreciation at the right time, an American foreign exchange currency strategist said. Robert Lynch, JP Morgan Private Bank global head of foreign exchange strategy,...
The peso closed  higher  at P48.48 to the US dollar Friday   from P48.60  the previous day.  The weighted average rate appreciated  to P48.587  from P48.589. Total volume amounted to $889.6  million, according to the Bankers Association of the...
