The USD/PHP exchange rate continued rising and is hovering near its all-time high after the last central bank decisions from the United States and the Philippines. The pair was trading at 59, a few ...
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Bargain hunting halted the decline of the Philippine Stock Exchange index (PSEi) on Wednesday but the peso weakened to the 59 ...
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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 weakened to an all-time low of P59.17 against the US dollar on Wednesday, weighed down by local governance issues and strong global demand for the greenback. The peso lost 18.5 ...
The share of US dollar reserves held by central banks fell to 59 percent—its lowest level in 25 years—during the fourth quarter of 2020, according to the IMF’s Currency Composition of Official Foreign ...
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