Why Is the Philippine Peso So Weak and Who Benefits?

In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped ...
BusinessMirror

Timing, alignment helping peso

THE easing up of external pressures alongside “more stable” local fundamentals allowed the Philippine peso to regain some ...
Bloomberg L.P.

Philippine Peso Declines to Record Low as Rate Outlook in Focus

The Philippine peso fell to a record low as traders viewed comments from the nation’s central bank as dovish. The peso fell as much as 0.2% to 59 per dollar on Thursday, a level it last touched in ...
BusinessMirror

Philippine peso hits all-time low, but ‘still stable’

A staff member counts dollars at a currency-exchange booth inside the Ninoy Aquino International Airport in this file photo. THE Philippine peso weakened to an all-time low of P59.17 against the US ...
ABS-CBN on MSN

Peso dips to P59.46 to US dollar

The Philippine peso depreciated to P59.46 against the US dollar in early morning trade on Thursday.