Philippine central bank Governor Eli Remolona said it’s futile to intervene in the currency market to support the peso, which ...

Even as the Philippine peso depreciated against the United States (US) dollar at a pace that was among the worst among ...

EUR/USD may not need to rush higher in the near term, while the yen remains an attractive bet in the longer run ...

Historically the United States dollar strengthens when US Treasury yields rise. But the reverse happened in April after the White House announced widespread tariffs,” a Charles Schwab advisory said.

The BSP adopted a modified targeting approach in 1995 after inflation ... This amid talks of “de-dollarization” or the shift away from the US dollar amid policy uncertainty from President Donald J.

The peso could end the year at the 56-level against the US dollar, as the local currency’s current strength could be capped ...

Netherlands-based financial giant ING does not expect the Bangko Sentral ng Pilipinas (BSP) to end its easing cycle in the ...

THE country’s Balance of Payments (BOP) swung to a deficit in the first three months of the year on the back of a wider current account deficit, according to the Bangko Sentral ng Pilipinas (BSP). The ...

The BSP can always sterilize the increased pesos by floating its bonds.” President Trump wants a weaker US dollar to enhance American export competitiveness and reduce the trade deficit.

The peso and the local stocks plunged Wednesday as escalating world crude prices due to Iran-Israel war caused worries among investors. The peso closed at ...

THE PESO could strengthen further against the dollar this week amid low inflation and expectations of further rate cuts by the central bank. On Thursday, the local unit closed at P55.62 per dollar, ...