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BSP braces for hike in US interest rates

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AFP FILE PHOTO

The United States Federal Reserve has announced the long-awaited end to its massive monetary stimulus as the recovery of the American economy from the worst financial crisis in decades gains more traction.

Posted: October 31st, 2014 in Editor's Pick,Headlines | Read More »

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

By
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

By
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 »

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