Philippine Peso Gains Momentum as Authorities Signal Support Against Weakness
Philippine Peso strengthens as President Marcos and the central bank deploy targeted jawboning to stabilize the currency against recent downward pressure.
Philippine Peso strengthens as President Marcos and the central bank deploy targeted jawboning to stabilize the currency against recent downward pressure.
Despite a 50bp rate hike to 5.50%, the Philippine Peso struggles against inflation and high oil prices, with analysts at OCBC warning…
Standard Chartered expects the BSP to lift rates to 5.25% in October to combat inflation and stabilize the Philippine Peso, with potential…
The Philippines' central bank plans a year-long freeze on new payment operator licenses while imposing tighter compliance requirements on crypto-linked payment facilitators.
Philippine Central Bank's third straight rate hike targets runaway inflation, with the peso poised to benefit from wider rate differentials and more…
The Philippine central bank keeps a rate hike on the table despite weak GDP growth, signaling inflation fears still dominate policy thinking.
Subdued Philippine GDP growth constrains BSP rate hikes, weakening the peso and lifting bond prices while weighing on the stock market.
Philippine inflation slowed for a third consecutive month in July, reinforcing expectations that the Bangko Sentral ng Pilipinas will keep interest rates…
Philippines central bank intervened modestly to support the peso, Governor Remolona said, as the USD/PHP pair tests multi-month highs amid broad dollar…
The Philippine peso hit a historic low versus the US dollar as rising oil prices worsened the Philippines’ trade deficit, fueling bets…
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…