The Philippine central bank is letting market forces set the dollar-peso exchange rate, saying that strong remittances and ...
GMA Network on MSN
How Filipinos are affected by the peso-dollar exchange rate
The peso’s movement against the US dollar is quite a complex narrative, and not just a simple strong-versus-weak story.
The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more ...
The Philippine peso fell to its weakest level ever against the US dollar in late October. While it’s since regained some ground, officials have signaled a tolerance for further depreciation and ...
Inquirer Business on MSN
Peso hits record-low 59.20:$1; BSP to let market forces set rate
The peso slid to 59.20 against the US dollar, its lowest intra-day trading level in history, due to concerns on the country's ...
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