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17 hours ago · The Philippine peso depreciated to the P58:$1 level on Tuesday to mark its worst showing in over 18 months, as regional currencies softened after recent signals of a delayed rate cut by the Federal Reserve. The local currency shed 37 centavos to close at P58.27:$1 from Monday’s finish of P57.68:$1.
17 hours ago · The peso slipped to 58.13 per dollar on Tuesday, falling past the 57.95 mark it hit April 25. Read Next. Economy Philippine GDP expanded 5.7% in Q1 but headwinds persist. Opinion
May 22, 2024 · The peso pierced the 58 to $1 level yesterday, weakening by 37 centavos to close at 58.27 from 57.90 last Monday, due to delayed rate cuts from the US Federal Reserve, the Bangko Sentral ng ...
May 22, 2024 · THE Philippine peso fell to its weakest level in almost two years on expectations that the United States Federal Reserve could delay its rate cuts, according to the Bangko Sentral ng Pilipinas (BSP).
17 hours ago · MANILA — The Philippine peso weakened beyond 58 to a dollar for the first time in almost two years during the morning trade on Tuesday. This, according to Bangko Sentral ng Pilipinas Governor Eli
17 hours ago · MANILA — The Philippine peso touched the 58-per-dollar level for the first time in almost two years during the morning trade on Tuesday. As of 9:47 a.m., the local currency’s weakest showing ...
17 hours ago · Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said Tuesday, May 21, that the peso at P58 vis-à-vis the US dollar is behaving as expected and consistent with the other currencies in the region. The peso depreciated to a mid-day P58.2 versus Monday’s close of P57.9. Exchange rate trading is still ongoing...
