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...
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...
