THE Philippine peso fell back to the P59 per US dollar level on Monday, pressured by a stronger greenback and weak domestic demand, with the US military action in Venezuela weighing only at the margin ...
(Bloomberg) -- 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. The peso dropped as much as 0.5% ...
The Philippine peso hit yet another historic low on Wednesday as the local currency weakened to P59.355 versus the US dollar.
The Philippine peso regained its footing against the greenback on Thursday, returning to P58-to-a dollar level as the central bank’s latest hawkish signal provided support for the local currency. The ...