MANILA, Oct. 28 (Xinhua) - The Philippine peso slid to 59.20 against the U.S. dollar, its lowest intraday level in history, on Tuesday amid concerns over the country's growth prospects due to the ...

Asia/Pacific benchmark indexes mixed, Nikkei 225 loss could recover on US/Japan trade talks Rally in Chinese shares led the sentiment-linked Australian Dollar higher, NZD weak on RBNZ USD/PHP recent ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is almost sure to deliver a fifth straight cut next month as the third-quarter gross domestic product (GDP) data showed the need for economic stimulus. “The soft ...

The peso has been described as one of the worst performers in Southeast Asia this month. The last time it tested the ...

The Philippine peso tumbled to an all-time low of 59.2 against the US dollar Tuesday from 58.90 a dollar Monday, reflecting ...

USD gains last week weighed on most ASEAN currencies apart for the Philippine Peso Rising bets of a BSP rate hike lifted PHP ahead of this week's monetary policy decision Ahead, we will see how the ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may opt for a temporary pause in cutting borrowing costs next month if the Philippine peso weakens further against the US dollar, according ...

Interventions to prop up currency won’t be effective in the face of global risk aversion The Philippines will tolerate the slide in its currency to a two-month low, with the central bank governor ...

With Philippine economic growth losing steam and inflation still well below the target range, the Bangko Sentral ng Pilipinas ...

MANILA, Philippines - The Philippine peso reached a new weakest level on Tuesday, closing at 59.13 against the US dollar, which the Bangko Sentral ng Pilipinas (BSP) said may have been partly due ...

The Philippine central bank is intervening more forcefully during periods of extended peso weakness as part of a new strategy, gradually moving away from day-to-day intervention, Governor Eli Remolona ...

The Bangko Sentral ng Pilipinas (BSP) is expecting the country’s inflation rate to breach 2% in October due to higher food and electricity costs as well as a weak peso.