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The foundations of real prosperity

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INQUIRER.net FILE PHOTO

Many years ago, people said that the Philippine peso was weak and had little value. I remember that many Pinoys converted their money to US dollars because the peso lost value so fast; it seemed then to be the prudent thing to do.

Posted: October 22nd, 2014 in Columnists,Inquirer Columns,Personal Finance | Read More »

PH, Japan expand currency swap agreement

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The expansion of the Philippines’ new bilateral currency swap deal with Japan would stabilize financial markets and contribute to protecting both economies during times of distress.

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

Peso slightly recovers from 7-day slump, now at P44.46 to $1

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AFP FILE PHOTO

The Philippine peso ended, on Wednesday, a seven-day decline, gaining six centavos against the US dollar to close at P44.46:$1 from P44.52:$1 last Tuesday.

Posted: September 24th, 2014 in Latest Business Stories | Read More »

PH peso weakens to P44.47 against US dollar

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INQUIRER.net FILE PHOTO

The Philippine peso on Monday further weakened against the US dollar for the sixth-straight trading day, shedding five centavos to close at P44.47:$1 from P44.42:$1 last Thursday.

Posted: September 22nd, 2014 in Latest Business Stories | Read More »

BSP guard up against excessive forex movements

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The Bangko Sentral ng Pilipinas (BSP) on Thursday said it would protect the peso from potential foreign exchange swings arising from the United States Federal Reserve’s decision to keep interest rates low.

Posted: September 19th, 2014 in Headlines | Read More »

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  • Business

  • Solving energy crisis, port congestion yet to be crossed off Aquino to-do list
  • SC orders BMW dealer to refund buyer
  • All local hotels, resorts to follow new star rating system in aid of tourism
  • Nielsen – Asian American buying power driving consumer trends
  • Regulator keeps interest rates steady
  • Technology

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  • SC: Privacy laws do not apply on Facebook photos freely uploaded by Internet users
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  • Opinion

  • Editorial cartoon, October 24, 2014
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  • Global Nation

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