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21 hours ago · The peso has depreciated about 1.5% since the Philippine central bank's last meeting on May 16, when it signalled it could cut interest rates as early as August. The Bangko Sentral ng Pilipinas (BSP) indicated last week that it will intervene in the foreign exchange market if necessary to stem any volatility. The Indonesian rupiah fell as much as 0.5%, hitting its weakest since May 2, while ...
21 hours ago · The peso has depreciated about 1.5% since the Philippine central bank's last meeting on May 16, when it signalled it could cut interest rates as early as August. The Bangko Sentral ng Pilipinas ...
2 days ago · Published May 27, 2024 03:23 PM PHT. MANILA — The Bangko Sentral ng Pilipinas (BSP) on Monday said that the depreciation of the peso is “only temporary,” citing a regional trend of weakening currencies against the US dollar. Last week, the Philippine peso depreciated to P58.27 to the dollar, the lowest since November 2022. “This is only ...
5 days ago · May 24, 2024 By Metrobank Research. Given the recent dollar strength and the peso depreciation, in line with other currencies in the region as most Fed officials signaled a delay in US Fed rate cuts amid the lack of progress on US inflation, we expect the USD/PHP exchange rate to end higher at 56.1 by end-2024 from the previous estimate of PHP ...
2 days ago · Check the latest FOREX rates for USD, JPY, EUR, GBP and AUD as of May 7, 2024 as of 9:01 am. Compare the booking rate, previous day booking rate and currency terms for each currency pair.
5 days ago · PHILIPPINE monetary officials could still start cutting key interest rates before the US Federal Reserve (Fed) despite possible exchange rate volatility, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. indicated. "We don't care that much when the Fed cuts," the central bank chief told reporters late on Wednesday.
1 day ago · Foreign Exchange Rates. as of 2024-05-28 09:10:52: Currency: Buy: ... Credit Card Rate: 58.600: ... PNB is regulated by the Bangko Sentral ng Pilipinas
