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Philippine peso plunges to near 13-year low - Channel NewsAsia

SINGAPORE: The Philippine peso plunged to its lowest in nearly 13 years against the US dollar on Tuesday (Sep 25) amid talk of another interest rate hike by the central bank, while US-China trade tensions continue to cloud the global outlook. The peso ... Leggi

Philippine peso dips to fresh 13-year low, bloodbath at PSE - Rappler

Tuesday's level was also the weakest since the peso closed at P54.42 against the greenback on November 22, 2005. Meanwhile, all counters in the local bourse were in the red. The Philippine Stock Exchange index (PSEi) fell by 101.44 points and closed at ... Leggi

Philippine Peso Eyes BSP, Fed Hike. Stocks See US Japan Trade ... - DailyFX

Trade all the major global economic data live and interactive at the DailyFX Webinars. We'd love to have you along. Weakness in the US Dollar offered a mixed week for Southeast Asian currencies with the Singapore Dollar seeing the most aggressive gains. Leggi

The Philippine Peso Needs a Break. It May Be About to Get One - Bloomberg

The peso, which on Monday sank to a 2005-low of 54.28 per dollar, strengthened in the fourth quarter last year and in every December in the past four years. Since 2009, the highest monthly remittances value was in every December and last year's $2.7 ... Leggi

Trillanes, Palace clears Leni, Peso falls, Trump at United Nations ... - Rappler

Senator Sonny Trillanes says he will continue staying in his Senate office even after posting bail. Presidential Spokesperson Harry Roque clears Vice President Leni Robredo in the supposed ouster plot against President Rodrigo Duterte. The Philippine ...altro » Leggi

Philippine peso sinking to P58 vs $1 'unlikely' – Diokno - Rappler

MANILA, Philippines – Budget Secretary Benjamin Diokno said it is highly "unlikely" that the Philippine peso will sink further to P58 against the United States dollar. In a media briefing on Wednesday, September 18, Diokno said the forecast of London ... Leggi

The Philippines: Estimated cost of damage to agriculture in ... - Reliefweb

The Philippines: Estimated cost of damage to agriculture in Philippine Peso (as at 23 September 2018 0600). Map. from MapAction, ASEAN Coordinating Centre for Humanitarian Assistance. Published on 23 Sep 2018. preview · Download PDF (407.11 KB) ... Leggi

Philippine peso seen closing 2019 at P58:$1 - Philippine Star

MANILA, Philippines — The Philippine peso is poised to sink further until end-2019 as the country's ballooning trade deficit — which is unlikely to be offset by overseas remittances — continues to pressure the embattled currency. The peso, which ... Leggi

Philippine Peso Poised to Sink Further as Contagion Spreads - Bloomberg

“The Philippines twin deficits worry us particularly in this environment, where rates in the U.S. seem to be pushing higher, and there seems to be a real contest to attract capital flows,” Canobi said. If or when the peso hits 55, “we'd want to see ...altro » Leggi

Philippine peso plummets to P54 vs $1 - Rappler

Limlingan also said the peso's fall was expected, as the currency already breached the P54 support level. (READ: Why is the Philippine peso the weakest in ASEAN?) Meanwhile, Andrew Canobi of Franklin Templeton told Bloomberg that the government ... Leggi