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PH peso slides to P44.230 vs US dollar

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INQUIRER FILE PHOTO

The Philippine peso on Tuesday further slid to its weakest against the US dollar since May, closing at P44.230:$1 from P44.180:$1 last Monday.

Posted: September 16th, 2014 in Latest Business Stories | Read More »

Peso breaches 44 against US dollar

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AFP FILE PHOTO

The Philippine peso on Monday closed at its weakest level since early May, breaching the 44-level against the US dollar.

Posted: September 15th, 2014 in Latest Business Stories | Read More »

July cash remittances up 6% to $2.1 billion in July

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AFP FILE PHOTO

Filipinos abroad sent back home cash worth $2.063 billion in July—the biggest amount on a monthly basis so far in 2014.

Posted: September 15th, 2014 in Latest Business Stories | Read More »

In Q3, higher prices slash consumers’ savings

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Higher household expenses, mainly due to rising prices of basic goods, led to a cut in savings among mostly middle-income consumers in the third quarter.

Posted: September 15th, 2014 in Headlines | Read More »

Market wary of trends

Bangko Sentral ng Pilipinas.  INQUIRER.net file photo

The stock market is expected to trade with more caution this week after the Bangko Sentral ng Pilipinas undertook tightening moves last week, with the 7,200 mark seen as a crucial barrier to watch.

Posted: September 15th, 2014 in Headlines,Latest Business Stories | Read More »

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