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.
Both the Philippine peso and the Philippine Stock Exchange index ended Thursday weaker ahead of some economic reports. The local currency finished the day at 58.85 against the U.S. dollar from 58.69 ...
Bearish bets on most Asian currencies eased as a softer U.S. dollar and signs of easing geopolitical tensions lifted ...
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 ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
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 ...
Inquirer Business on MSN

Peso claws way back to 58 vs $1 level

The Philippine peso eased back to the 58:$1 level, closing on Wednesday at 58.69 against the greenback after trading at as ...