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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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Photo by INQUIRER.net

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 »

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 »

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