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  1. 23 hours ago · TOKYO -- The Philippine peso fell to its lowest point versus the dollar since November 2022, as the country's central bank shifts away from a hawkish monetary policy. The peso slipped to 58.13 per ...

  2. 23 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.

  3. 23 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 ...

  4. 3 hours ago · Mexican Peso tumbles amid concerns of economic slowdown. Mexican Peso edges down 0.30% against US Dollar, trading at 16.64. Mexico's April Economic Activity Indicator shows minimal growth with Q1 ...

  5. May 22, 2024 · The local currency closed at 58.27 against the dollar, 37 centavos weaker than its previous day’s finish of 57.9. ADVERTISEMENT This was the peso’s worst closing since Nov. 8, 2022, when it ...

  6. May 22, 2024 · The local currency has depreciated by P2.90 or 4.9 percent from its P55.37 to $1 close on Dec. 29, 2023. The peso pierced the 58 to $1 level yesterday, weakening by 37 centavos to close at 58.27 ...

  7. May 22, 2024 · To tame inflation and stabilize the peso, the BSP Monetary Board raised key policy rates by 450 basis points between May 2022 and October 2023, bringing the benchmark interest rate to a 17-year high of 6.50 percent. The local currency has depreciated by P2.90 or 4.9 percent from its P55.37 to $1 close on Dec. 29, 2023.

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