Philippine Peso Tumbles to Record Low as Surging Oil Prices Strain Trade Deficit
The Philippine peso hit a historic low versus the US dollar as rising oil prices worsened the Philippines’ trade deficit, fueling bets…
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The Philippine peso hit a historic low versus the US dollar as rising oil prices worsened the Philippines’ trade deficit, fueling bets…
Yen's slide in trade-weighted terms stokes inflation fears, challenging the Bank of Japan's accommodative stance as broad-based weakness persists.
Escalating Middle East tensions triggered a flight to safety, propelling the dollar higher and weighing on equities as investors priced in heightened…
Dangote Group's decision to revert to naira-denominated gasoline sales after a brief dollar switch alleviates foreign exchange pressure, supports the Nigerian naira,…
The British pound surrendered its intraday gains versus the dollar after Finance Minister Burnham kept critical fiscal details ambiguous, stoking fears of…
A surging Colombian peso, up 12% vs the dollar this year, is eroding coffee farmer margins and fueling fears of reduced production…
President Marcos's confidence in BSP intervention aims to calm forex markets after the peso's slide, with traders now pricing a likely policy…
Philippines' central bank drew a line in the sand for the peso after oil surged past $85 a barrel, signaling intervention to…
BOJ open to faster rate hikes as yen weakness adds price risk, triggering a sharp rally in the Japanese currency and weighing…
A yawning rate gap and speculative carry flows keep the yen pinned near historic lows, with intervention threats only delaying rather than…
Rising crude oil costs and increased US rate-hike expectations are undercutting the Indian rupee's ability to benefit from strong dollar inflows, raising…
The Philippine peso slid to match its all-time low versus the U.S. dollar as surging crude oil prices inflated the country's import…