Tag: Peso
EJAP: BSP reiterates plan for 2 more rate cuts this yr
The Bangko Sentral ng Pilipinas (BSP) is likely to cut its benchmark rate by 25 basis points on August 28, the second of three...
Peso weakens to P58: $1
The peso vis-a-vis the US dollar depreciated to P58.32 on Thursday, losing 74 centavos from the previous day’s P57.58, as the market reacted to...
Jan govt debt grows to P16.312T on lower peso, new borrowings
The national government’s outstanding debt has grown 1.63 percent month-on-month and 10.29 percent year-on-year to P16.312 trillion as of end-January, with a depreciated peso...
Feb inflation seen steady at 2.9% or slower — analysts
Inflation in February will settle most likely at 2.9 percent, or even slower, some banking analysts said.
In the months ahead, however, food prices could turn volatile due to supply-and-demand...
Shares slip further, peso touches 59:$1 ahead of policy rate moves
Risk aversion continued to hit the local stock market as all eyes focused on the respective policy meetings of the Bangko Sentral ng Pilipinas (BSP) and...
