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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 »

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 »

Dollar sags in Asia on Syrian tension

Financial markets proved as fickle as ever as short-term investments fled the country in September, not because of a decline in investors’ confidence in the economy, but due to profit-taking by fund managers. 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 »

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