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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 »

Peso now said to be undervalued

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Finance Secretary Cesar Purisima believes that the peso, which has depreciated from its 2013 average despite the country’s “sound” fundamentals, is now undervalued.

Posted: February 16th, 2014 in Headlines | Read More »

Peso seen recovering back to 43 to $1

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peso-bills

The local currency is expected to recover part of its losses against the dollar over the next 12 months as it gets support from the country’s growing economy.

Posted: February 7th, 2014 in Editor's Pick,Headlines | Read More »

Peso may weaken but not enough to trigger rate hike

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The peso may further weaken against the US dollar this year, but it will not be enough to trigger a spike in key policy rates, economists from Bank of the Philippine Islands (BPI) said.

Posted: February 4th, 2014 in Headlines | Read More »

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