The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness.
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Asia FX Sentiment Brightens as Dollar Softens, Peso Bets Most Bullish in a Year: Reuters Poll
(Reuters) -Bearish bets on most Asian currencies eased as a softer U.S. dollar and signs of easing geopolitical tensions ...
The Philippine central bank is letting market forces set the dollar-peso exchange rate, saying that strong remittances and ...
THE Philippine peso rebounded on Wednesday, back at P58 levels after slipping past P59, as profit-taking persisted and seasonal dollar inflows picked up ahead of Undas and the start of holiday-related ...
MANILA, Oct. 28 (Xinhua) - The Philippine peso slid to 59.20 against the U.S. dollar, its lowest intraday level in history, on Tuesday amid concerns over the country's growth prospects due to the ...
The dollar rose after Trump said he expects to sign a trade deal with China when he meets Chinese President Xi Jinping on Thursday.
One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...
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