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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 »

BSP downplays impact of peso slide

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Bangko Sentral ng Pilipinas.  INQUIRER.net file photo

Central bank chief Amando M. Tetangco Jr. shrugged off fears that the peso’s recent weakness would destabilize consumer price movements, citing structural improvements in the economy that have made the country less susceptible to external shocks.

Posted: October 1st, 2014 in Editor's Pick,Featured Gallery,Headlines | Read More »

Inflation seen to stay within target range

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The Philippine central bank remains confident of meeting its target range for this year despite the peso’s recent depreciation, which makes imported goods more expensive.

Posted: September 26th, 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 seen weathering hike in US interest rates

By
AFP FILE PHOTO

The Philippines could weather any potential interest rate shock if ever US rates go up sharply, according to debt watcher Fitch Ratings.

Posted: September 20th, 2014 in Headlines,Latest Business Stories | Read More »

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