5+ day, 19+ hour ago   (412+ words) MANILA, Philippines — The Philippine peso extended its losses on Tuesday, closing at a new record low against the US dollar as investors positioned themselves ahead of US inflation data due later this week and increasingly bet that the Federal Reserve…...

5+ day, 22+ hour ago   (378+ words) MANILA, Philippines — The Philippines’ foreign exchange reserves climbed to a five-month high in August, helped by a surge in the value of the central bank’s gold holdings and gains from its overseas investments despite financial-market volatility stemming from the US-Iran…...

6+ day, 3+ hour ago   (151+ words) MANILA, Philippines — The Philippine peso fell to a fresh record low against the dollar on Tuesday as traders positioned for US inflation data later this week and weighed the prospect of higher Federal Reserve interest rates. The peso declined 3.9 centavos…...

6+ day, 19+ hour ago   (524+ words) MANILA, Phililppines — The Philippine peso hovered near the 63-per-dollar level on Monday, extending its run of record lows as a resilient US currency and growing expectations of higher US interest rates weighed on the local unit. The peso gained 0.4 centavos…...

1+ week, 4+ hour ago   (293+ words) MANILA, Philippines — Local stocks fell on Monday as the peso sank to a new record low, while concerns over a possible tightening by the US Federal Reserve further dampened investor sentiment. The benchmark Philippine Stock Exchange Index (PSEi) fell 0.11 percent,…...

1+ week, 10+ hour ago   (128+ words) business.inquirer.net MANILA, Philippines — The Philippine peso extended its record-breaking slide on Monday, opening the new trading week at a fresh low as a stronger dollar and rising bets on a US Federal Reserve rate hike weighed on the…...

1+ week, 2+ day ago   (551+ words) MANILA, Philippines — The Philippine peso fell to a new record low on Friday, as a strong US dollar, elevated Treasury yields and political uncertainty at home overshadowed the good signs of easing inflation. The peso lost 7 centavos from its prior…...

1+ week, 4+ day ago   (497+ words) MANILA, Philippines — The Philippine peso broke past the 62.5-per-dollar level to hit a new record low on Wednesday, widening its losses as renewed tensions in the Middle East reignited concerns about inflation and increased the appeal of safe-haven assets. The…...

1+ week, 5+ day ago   (143+ words) MANILA, Philippines — The Philippine peso fell past the 62.5-per-dollar level to a fresh record low, extending its losing streak amid lingering inflation concerns. The currency weakened 16.5 centavos to close at 62.565 per dollar, according to Bankers Association of the Philippines data....

1+ week, 5+ day ago   (174+ words) MANILA, Philippines — The Philippine peso weakened below the 62.5-per-dollar level on Wednesday to hit another record low, extending its slide as a stronger greenback and rising oil prices fueled inflation concerns. The local currency opened at 62.4 per dollar before widening…...