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   Why did the Philippine peso continue its freefall this week?

   • The Philippine peso continued its freefall this week as global risks continued rising. The USD/PHP exchange rate surged to a high of 56.75 on Monday, its highest point since November 2023. It has been in a strong uptrend, rising by over 2.76% from its lowest point in March. Are you looking for signals & alerts from pro-traders?

   USD/PHP: Here’s why the Philippine peso is retreating | Invezz

   invezz.com/news/2024/04/15/usd-php-heres-why-the-philippine-peso-is-retreating/

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   How has remittances impacted the Philippine peso?

   • It has risen in the past two straight months, ending a decline that started in January last year. The Philippine peso has also been pressured by the trends in the remittances industry. Personal remittances came in at $2.95 billion in February, a 3% increase from the same period in 2023. Remittances peaked at over $3 billion in December.

   USD/PHP: Here’s why the Philippine peso is retreating | Invezz

   invezz.com/news/2024/04/15/usd-php-heres-why-the-philippine-peso-is-retreating/

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   What is going on with the USD to PHP exchange rate?

   • The USD to PHP exchange rate has been in a strong bull run in the past few months as the US dollar has continued rising. The index has surged by almost 6% from its lowest level this year as inflation has remained above the Fed’s 2.0% target. Inflation fears are continuing this week after Iran attacked Israel during the weekend.

   USD/PHP: Here’s why the Philippine peso is retreating | Invezz

   invezz.com/news/2024/04/15/usd-php-heres-why-the-philippine-peso-is-retreating/

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   Will philipinne's inflation continue rising?

   • There are signs that Philipinne’s inflation will continue rising in the next few weeks. The headline Consumer Price Index (CPI) jumped from 3.4% in February to 3.7% in March. It has risen in the past two straight months, ending a decline that started in January last year.

   USD/PHP: Here’s why the Philippine peso is retreating | Invezz

   invezz.com/news/2024/04/15/usd-php-heres-why-the-philippine-peso-is-retreating/

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2. www.wsj.com › market-data › quotesUSD to PHP Exchange Rate | Latest News and Forecasts for ...

   www.wsj.com › market-data › quotes

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   2 days ago · YTD. 3.88%. 1 Year. 3.38%. Overview. View the latest USD to PHP exchange rate, news, historical charts, analyst ratings and financial information from WSJ.

   • Historical Prices

     Stocks: Real-time U.S. stock quotes reflect trades reported...

   • PHP to USD Exchange Rate

     View the latest PHP to USD exchange rate, news, historical...

3. www.philstar.com › business › 2024/04/16Peso hits near low, closes at P57 against US dollar

   www.philstar.com › business › 2024/04/16

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   Apr 16, 2024 · A decline in the peso value against the dollar also contributes to an increase in the Philippines' debt. The Philippine peso was only recorded at a record-low of P59 in October 2022, but it ...

4. www.bloomberg.com › news › articlesPeso Fall Won’t Spur Philippine Rate Hike Yet, Finance Head ...

   www.bloomberg.com › news › articles

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   1 day ago · The Philippine peso’s current slump is unlikely to prompt the central bank to raise its key interest rate from a 17-year high at this time, according to Finance Secretary Ralph Recto.. The ...

5. www.msn.com › en-ph › moneyPeso sinks to fresh 17-month low: P57.78:$1 - MSN

   www.msn.com › en-ph › money

   The local currency lost 23 centavos to close at P57.78:$1 from Wednesday’s finish of P57.55:$1. The latest showing is the weakest in 17 months since November 10, 2022’s P58.19:$1, surpassing ...

6. www.google.com › finance › quoteUSD/PHP Currency Exchange Rate & News - Google Finance

   www.google.com › finance › quote

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   0.21%. paid Exchange Rate. Previous close. 57.89. About United States Dollar. . About Philippine peso. . Get the latest United States Dollar to Philippine peso (USD / PHP) real-time quote ...

7. business.inquirer.net › 381728Peso hits strongest level in six months | Inquirer Business

   business.inquirer.net › 381728

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   Jan 11, 2023 · Philippine Daily Inquirer / 02:10 AM January 11, 2023. The Philippine peso cleared another milestone toward stronger positions against the US dollar, closing at 54.87:$1 on Jan. 10 or its firmest ...