Rappler's latest stories on Philippine peso
The Philippine peso is at its strongest in 3 years, but families receiving dollars from abroad may not be happy about the news
The Philippine Stock Exchange index falls to a new one-year low, as businesses around the globe brace for the impact of the novel coronavirus
The Bangko Sentral ng Pilipinas has no official announcement about the release of a new design of Philippine peso bills
A single P10,000 gold commemorative coin costs P127,500
The new P20 coin is more expensive to produce than the banknote version, but the Bangko Sentral ng Pilipinas says it will last much longer
The BSP is not releasing new designs of legal tender, except for the upcoming P20 coin
The original article was published in March 2019 and is just being rehashed. Asia’s best-performing currency as of September 2019 is the Thai baht, according to Bloomberg.
The P20 coin will initially coexist with the banknote version. But the banknote will be gradually removed from circulation.
Official data shows the peso-dollar exchange rate was already at P3 in 1965, and it further depreciated throughout Marcos’ term
(UPDATED) A study finds that Filipinos frequently use P20 bills, leading to the banknote's wear and tear. A coin version will extend its life span.
Finance Secretary Carlos Dominguez III says this reduces the cost of doing business for Chinese and Filipino businessmen
The Philippine peso and the local bourse sink further on Wednesday, September 26, despite interest rate hike expectations
Watch Rappler’s Midday newscast with Chito dela Vega
The Philippine peso closes at P54.31 against the US dollar on Tuesday, September 25
Budget Secretary Benjamin Diokno says the government relies on overseas Filipinos' remittances and foreign direct investments to keep the economy steady
The London-based research firm sees the Philippine peso sliding to P58 in 2019 and inflation soaring due to Typhoon Ompong
Watch Rappler’s evening newscast with Paterno Esmaquel
The Philippine peso dips further on Wednesday, September 12, amid a wider trade deficit, high inflation, and rising oil prices
Watch Rappler’s Midday newscast with Margie de Leon
The Philippine peso is now just a few centavos away from hitting P54 to $1
Why are exports weakening despite a weaker peso? If we take the word of the economic managers, isn’t this puzzling?
Vegetable prices are soaring and a bottle of beer costs much more. Inflation rate in the ARMM is higher than the national average.
The Philippine Statistics Authority says the country posted a wider year-on-year trade deficit in June after imports rose to their fastest pace
The Bangko Sentral ng Pilipinas reminds the public that they have the authority to run after individuals spreading manipulated images of Philippine banknotes
Watch the midday newscast with Margie de Leon
BMI Research says 'the Philippine peso continues to be the worst performing currency in the region, having weakened by more than 7% against the US dollar year-to-date'
First Metro Investment Corporation and the University of Asia & the Pacific say the answer depends on the factors driving the peso's weakness
A weakening peso is symptomatic of other things happening in the economy. Most importantly, it suggests we are increasingly becoming a net borrower from the rest of the world, owing to our colossal import bill boosted by Duterte’s 'Build, Build, Build'.
Vice President Leni Robredo says the government should address speculation about the weakening Philippine peso, especially as this affects both businesses and ordinary people
The Bangko Sentral ng Pilipinas attributes this to optimism on income and jobs, among others, though consumers still think prices of goods will rise further
In these tough times, government officials must be wary of populist policies that could make matters worse. They should also avoid making callous remarks that tend to belittle the poor and add insult to their economic injury.
The Bangko Sentral ng Pilipinas says businesses' overall confidence index was at 39.3% for the 2nd quarter of 2018, a slight decline from the 39.5% for the 1st quarter
Commuters can already use the newly designed P1, P5, and P10 coins at ticket vending machines of the MRT3, LRT1, and LRT2
The Bangko Sentral ng Pilipinas says the new coins will coexist with the old coins in circulation
The Ayala-led bank also predicts the peso will depreciate 3-4% every year until 2021 as the government's infrastructure buildup progresses
Watch the midday newscast with Marguerite de Leon
(UPDATED) Pressured by a record trade deficit, the local currency closes at P52.12 against the US dollar on Wednesday, February 14, its weakest since July 2006
The country's central bank says posting photos of alleged misprinted banknotes on social media causes confusion, which may negatively affect commerce
This is the 14th time the main index closed at an all-time high this 2017. For the year alone, the Philippine Stock Exchange index gained 25.1%.
Philippine peso and stocks finish on a strong note two days before trading takes a 4-day New Year break
(UPDATED) Investigations have been launched to validate claim over some withdrawn 'faceless' and 'faded' P100 bills
(UPDATED) The old banknotes lost their monetary value last June 30. The Bangko Sentral ng Pilipinas will exchange them one last time next week.
Hello! Here's a roundup of news you need to know this Wednesday.
The Bangko Sentral ng Pilipinas says the new banknotes are 'aimed at highlighting significant moments in the nation's history, as well as its world heritage sites and iconic natural wonders'
The central bank will circulate the new coin on December 1 to commemorate the 154th birth anniversary of the father of the Philippine Revolution, while other newly designed coins will be circulated in January 2018
Watch the midday newscast with Margie de Leon
The Philippine peso closes at P51.530 to $1 on Thursday, October 19, its weakest since August 24, 2006
Leloy Claudio talks about the often overlooked advantages of a depreciating Philippine peso
The Bangko Sentral ng Pilipinas says it has arrested at least 4 suspects accused of faking Philippine peso bills in the first semester of 2017
These limited edition banknotes will be considered demonetized starting August 1 2019