Philippine Peso Nears Record Low as Oil Prices Rise, Straining Imports
The Philippine peso slides toward a record low against the dollar as climbing oil prices raise import costs, threatening monetary stability.
The Philippine peso slides toward a record low against the dollar as climbing oil prices raise import costs, threatening monetary stability.
The Philippine peso's rally is set to reverse as seasonal selling flows weigh on the currency, strategists caution, pointing to historical patterns…
Philippine inflation continued to decline in June, reinforcing bets that the central bank will cut rates later this year, boosting local bonds…
The Philippine Senate elected a new leader, strengthening Marcos Jr.’s grip ahead of the Duterte ICC trial, sending the peso lower and…
Philippine underemployment hits near three-year high driven by oil shock, threatening growth and pressuring the peso.
The Philippine peso's slump triggered an official warning from the Bangko Sentral ng Pilipinas against forex speculation, signaling possible intervention to curb…
Philippine President Ferdinand Marcos Jr. warned that the government may seek extra funding to mitigate the impact of the oil shock on…
The Philippine central bank governor signals acceptance of the peso at 63.5 per dollar, reducing intervention expectations and presaging further USD/PHP upside…
Philippine peso and stocks slide as Sara Duterte’s power challenge to President Marcos sparks political chaos in Manila, raising emerging market risk.
The Philippine peso strengthens on lower oil prices, driving the currency to its best daily advance in a month as import relief…