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Dollar sags in Asia on Syrian tension

AFP FILE PHOTO

The dollar edged down against the safe-haven yen in Asia on Tuesday due to concerns over a possible US military action against Syria.

Posted: August 27th, 2013 in Latest Business Stories | Read More »

PH economy to stay strong amid stock market, peso fall, says Balisacan

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Economic Planning Secretary Arsenio Balisacan: Inclined to take offer.  INQUIRER FILE PHOTO

The latest financial market woes are likely temporary and incapable of dragging the Philippine economy’s strong growth performance.

Posted: June 25th, 2013 in Latest Business Stories | Read More »

Peso dips as investors await next move of US Federal Reserve

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Photo by INQUIRER.net

The peso closed weaker again on Tuesday in another day of weak trading as investors stayed in the sidelines ahead of the US Federal Reserve meeting this week.

Posted: June 18th, 2013 in Latest Business Stories | Read More »

Peso falls anew on weak trading

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Photo by INQUIRER.net

The peso closed weaker at the start of the week after thin trading on Monday tracking the movement of regional currencies as funds flow out of Asia.

Posted: June 17th, 2013 in Latest Business Stories | Read More »

Stock market and peso fall healthy corrections—BSP

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Source: PSE website

The Bangko Sentral ng Pilipinas has shrugged off concerns over volatility of the country’s financial markets this week, describing the sharp drop in the Philippine Stock Exchange Index (PSEi) as a healthy correction and the depreciation of the peso back to the 43-to-a-dollar level as tolerable

Posted: June 13th, 2013 in Latest Business Stories,Photos & Videos | Read More »

Peso slumps to 43-to-dollar level as US, Japan slow down stimulus programs

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Photo by INQUIRER.net

The peso slumped on Tuesday, weakening back to the 43-to-a-dollar territory as signals that the US and Japanese central banks are allowing their stimulus programs to taper off dampened appetite for emerging market currencies.

Posted: June 11th, 2013 in Latest Business Stories | Read More »

Peso slides to 42-to-dollar level as US economy improves

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The government posted a budget surplus in August as revenue collection grew by a much faster pace than expenditures.

The peso erased most of its gains made earlier this week as the dollar strengthened amid the expectation of a sustained improvement in the US economy.

Posted: June 6th, 2013 in Latest Business Stories | Read More »

Peso climbs as investors weigh improving US economy, robust PH growth

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Photo by INQUIRER.net

After manifesting higher volatility than usual throughout trading hours on Thursday, the peso closed at 42.32 against the US dollar, up by 12 centavos from the previous day’s finish and the 11-month low of 42.44:$1.

Posted: May 30th, 2013 in Latest Business Stories | Read More »

Peso back to 42-to-dollar level as US economy improves

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Photo by INQUIRER.net

The peso fell to the 42-to-a-dollar territory on Wednesday, registering its weakest close in nine months, as reports of an improving economy of the United States pushed demand for the greenback and led to the dumping of emerging-market currencies.

Posted: May 29th, 2013 in Uncategorized | Read More »

Peso back to 42-to-dollar level as US economy improves

By
The government posted a budget surplus in August as revenue collection grew by a much faster pace than expenditures.

The peso fell to the 42-to-a-dollar territory on Wednesday, registering its weakest close in nine months, as reports of an improving economy of the United States pushed demand for the greenback and led to the dumping of emerging-market currencies.

Posted: May 29th, 2013 in Latest Business Stories | Read More »

Peso dips on news of China’s slower pace of growth

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The government posted a budget surplus in August as revenue collection grew by a much faster pace than expenditures.

The peso slightly dropped on the first trading day of the week amid concerns China might be headed for a slower growth.

Posted: May 27th, 2013 in Latest Business Stories | Read More »

Peso in slight dip as market weighs Japan central bank’s heavy bond buying

By
AFP FILE PHOTO

The peso was almost unchanged on Wednesday as the market digested reports the Japanese central bank is poised to continue with its heavy bond buying to stimulate the world’s third-biggest economy out deflation.

Posted: May 22nd, 2013 in Latest Business Stories | Read More »

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