THE PESO sank to the all-time low of P59 against the US dollar anew on Thursday, following the US Federal Reserve’s hawkish cut.

SM Investments Corp. expects slowing inflation to boost consumer demand in 2025, which it said could create opportunities in the Philippine retail sector. “Any moderation in inflation should trigger a ...

The Philippine peso depreciated against its US counterpart for the fifth straight trading day on Thursday to sink back to the ...

THE peso again hit a record low of P59 to the dollar on Tuesday and the stock market also fell to its lowest in over five ...

MANILA, Philippines — The Philippine peso closed at a two-year low of P59:$1 level on Thursday, November 21. The latest exchange rate print is nine centavos weaker than the P58.91 closing recorded on ...

THE peso touched its record low of P59 to the dollar on Wednesday but managed to regain some ground, limiting the day's loss. After opening at P58.89:$1, the currency traded from P58.99 to P9 and ...

The Philippine peso appreciated against the US dollar on Friday, moving back to the P58:$1 level after touching the P59:$1 barrier the day before, matching the record-low last recorded on November 26.

It’s now an all-hell-breaks-loose situation, as the country’s two highest officials are caught in an ugly feud that grows uglier by the day.