Philippine peso
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Philippine peso sinking to P58 vs $1 'unlikely' – Diokno

Sep 19, 2018 - 11:55 AM

Budget Secretary Benjamin Diokno says the government relies on overseas Filipinos' remittances and foreign direct investments to keep the economy steady

UNLIKELY. Budget Secretary Benjamin Diokno says the P58 to a dollar forecast is 'unlikely.' File photo by Angie de Silva/Rappler

Philippine peso to hit P58 vs $1, inflation to jump – Capital Economics

Sep 17, 2018 - 12:22 PM

The London-based research firm sees the Philippine peso sliding to P58 in 2019 and inflation soaring due to Typhoon Ompong

Typhoon Ompong, Peso plummets, Naomi Osaka | Evening wRap

Sep 13, 2018 - 10:21 PM

Watch Rappler’s evening newscast with Paterno Esmaquel

Philippine peso plummets to P54 vs $1

Sep 12, 2018 - 5:45 PM

The Philippine peso dips further on Wednesday, September 12, amid a wider trade deficit, high inflation, and rising oil prices

WEAK. The Philippine peso continues its losing streak. Shutterstock photo


Trillanes, Philippine peso dips, Twitter bans Alex Jones | Midday wRap

Sep 07, 2018 - 12:43 PM

Watch Rappler’s Midday newscast with Margie de Leon

Philippine peso weakens further to 13-year low

Sep 06, 2018 - 7:40 PM

The Philippine peso is now just a few centavos away from hitting P54 to $1

[ANALYSIS] Weaker peso boosts exports? Not necessarily

Aug 24, 2018 - 9:17 AM

Why are exports weakening despite a weaker peso? If we take the word of the economic managers, isn’t this puzzling?

IN CHARTS: What your P100 can buy under runaway inflation

Aug 17, 2018 - 2:59 PM

Vegetable prices are soaring and a bottle of beer costs much more. Inflation rate in the ARMM is higher than the national average.

INFLATION. Prices of basic goods continue to soar in 2018. Photo by Jire Carreon/Rappler


Weak peso fails to lift Philippine exports in June 2018

Aug 08, 2018 - 7:50 PM

The Philippine Statistics Authority says the country posted a wider year-on-year trade deficit in June after imports rose to their fastest pace

TRADE GAP. The Philippines posts a wider year-on-year trade deficit in June. Photo by Ted Aljibe/AFP

Bangko Sentral ng Pilipinas takes on fake news

Jul 13, 2018 - 5:57 PM

The Bangko Sentral ng Pilipinas reminds the public that they have the authority to run after individuals spreading manipulated images of Philippine banknotes

Duterte & Pope day, Philippine peso, leptospirosis | Midday wRap

Jun 28, 2018 - 12:24 PM

Watch the midday newscast with Margie de Leon

Philippine peso to hit P54 to $1 – BMI Research

Jun 27, 2018 - 9:00 PM

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'

Should we worry about the Philippine peso?

Jun 26, 2018 - 9:20 PM

First Metro Investment Corporation and the University of Asia & the Pacific say the answer depends on the factors driving the peso's weakness

[OPINION] Why is the Philippine peso the weakest in ASEAN?

Jun 18, 2018 - 8:57 AM

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'.

Gov’t should explain 'alarming' peso fall – Robredo

Jun 15, 2018 - 11:08 AM

Vice President Leni Robredo says the government should address speculation about the weakening Philippine peso, especially as this affects both businesses and ordinary people

CONCERNS OVER PESO FALL.Vice President Leni Robredo says the government should end speculations over the weakening of the Philippine peso by explaining to the public wy this happened. Photo from OVP

Consumer confidence improves in Q2 2018

Jun 10, 2018 - 12:40 PM

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

This photo taken on April 11, 2018, shows vegetable vendors dealing with customers at an overpass in Manila. The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war. / AFP PHOTO / NOEL CELIS

[OPINION] Higher inflation: Is TRAIN to blame? (Part 1)

Jun 02, 2018 - 10:33 PM

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.

Rising prices, weaker peso slightly hurt business confidence in Q2 2018

May 31, 2018 - 6:30 PM

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

MRT, LRT ticketing machines now accept new peso coins

Apr 17, 2018 - 5:40 PM

Commuters can already use the newly designed P1, P5, and P10 coins at ticket vending machines of the MRT3, LRT1, and LRT2

NEW COINS. The ticketing vending machine at MRT3 and LRT Lines 1 and 2 now accepts the newly-issued BSP coins. File photo by Chrisee Dela Paz/Rappler

LOOK: Newly designed Philippine coins

Mar 26, 2018 - 6:00 PM

The Bangko Sentral ng Pilipinas says the new coins will coexist with the old coins in circulation

7% economic growth 'very achievable' this year – BPI

Feb 20, 2018 - 8:50 PM

The Ayala-led bank also predicts the peso will depreciate 3-4% every year until 2021 as the government's infrastructure buildup progresses

Peso weakens to 11-year low, Duque on Dengvaxia, Florida school shooting | Midday wRap

Feb 15, 2018 - 12:13 PM

Watch the midday newscast with Marguerite de Leon

Philippine peso weakest in over 11 years

Feb 14, 2018 - 4:45 PM

(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

BSP warns negative impact of sharing photos of 'faceless' bills

Dec 30, 2017 - 4:23 PM

The country's central bank says posting photos of alleged misprinted banknotes on social media causes confusion, which may negatively affect commerce

Philippine stocks hit fresh all-time high on 2017's last trading day

Dec 29, 2017 - 7:44 PM

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%.

ALL-TIME HIGH. The executives of Philippine Stock Exchange on Friday, December 29 celebrate last trading day of 2017. Photo from PSE Corporate Communications

Philippine peso strongest in 6 months, stocks break 8500 level

Dec 28, 2017 - 5:11 PM

Philippine peso and stocks finish on a strong note two days before trading takes a 4-day New Year break

Printing error caused 'faceless' P100 bills, BSP says

Dec 28, 2017 - 2:46 PM

(UPDATED) Investigations have been launched to validate claim over some withdrawn 'faceless' and 'faded' P100 bills

FACELESS. Earla Anne Yehey, BPI client, posts photos of withdrawn 4 pieces of P100 bills without the late President Manuel Roxas' face on them. Photo from Yehey's Facebook account

Public can exchange old peso bills at BSP on December 26

Dec 22, 2017 - 3:00 PM

(UPDATED) The old banknotes lost their monetary value last June 30. The Bangko Sentral ng Pilipinas will exchange them one last time next week.

#ThewRap: Things you need to know, December 6, 2017

Dec 06, 2017 - 11:30 AM

Hello! Here's a roundup of news you need to know this Wednesday.

'LESSONS LEARNED' PNP Chief Ronald dela Rosa. File photo by Joel Liporada

BSP releases Philippine peso bills with 'enhanced design'

Dec 05, 2017 - 8:15 PM

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'

BSP releases new P5 coin to honor Andres Bonifacio

Nov 29, 2017 - 5:05 PM

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

Peso weakens, Mahmud Ahmad dead, DBM usec fired | Midday wRap

Oct 20, 2017 - 12:59 PM

Watch the midday newscast with Margie de Leon

Philippine peso weakens to new 11-year low

Oct 19, 2017 - 7:10 PM

The Philippine peso closes at P51.530 to $1 on Thursday, October 19, its weakest since August 24, 2006

Basagan ng Trip with Leloy Claudio: Why a depreciating Philippine peso might be a good thing

Aug 22, 2017 - 12:04 AM

Leloy Claudio talks about the often overlooked advantages of a depreciating Philippine peso

BSP boosts fight vs fake Philippine peso bills

Aug 06, 2017 - 12:59 AM

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

COUNTERFEITING TOOLS. Actual inventory of the seized/confiscated counterfeit 1000- and 500-peso banknotes, printing machine, scanner and printing paraphernalia found inside the house premises of suspects during the anti-counterfeiting operation on March 10, 2017. Photo by BSP.

BSP to demonetize P100,000 and P2,000 commemorative bills

Aug 01, 2017 - 6:40 PM

These limited edition banknotes will be considered demonetized starting August 1 2019

NUMISMATIC. Nonetheless, holders of the centennial commemorative banknotes may choose to keep the limited edition bills for their numismatic value. Image from BSP

Philippine stocks, peso down on another U.S. Fed hike

Jun 15, 2017 - 8:45 PM

The US Federal Reserve s decision to raise the benchmark interest rate for the 2nd time this year is the primary market mover on Thursday June 15

ANTICIPATED. The US Federal Reserve's decision to raise interest rates for the second time this year is a move widely expected by economists and investors. Rappler file photo

Philippine peso, stock market stable despite martial law declaration

May 24, 2017 - 10:15 PM

BSP Governor Amando Tetangco Jr points out however that there may be temporary cautiousness in the next few days

BSP gives public more time to exchange old peso bills

Mar 23, 2017 - 6:20 PM

Filipinos now have until June 30 2017 to exchange their New Design Series NDS banknotes After June 30 these bills will have no monetary value

NEW DEADLINE. Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo shows old and new banknotes in a press conference. Photo by Joel Leporada/Rappler

Jee Ick Joo, De Lima, Duterte | Evening wRap

Mar 03, 2017 - 9:43 PM

Watch the evening newscast with Mara Cepeda

PH peso hits new 10-year low of P50.4 to $1

Mar 03, 2017 - 5:10 PM

This is the lowest Philippine peso level against the US dollar since September 12 2006

FOREX. The peso ended trading on Friday, March 3, 2017, at an intraday low of P50.4 to $1 from the previous day's P50.31 to $1. File photo by Agence France-Presse

#ThewRap: Things you need to know, February 28, 2017

Feb 28, 2017 - 10:32 AM

Hello Here s a round up of news you need to know this Tuesday

Senate revamp, death penalty, 2017 Oscars | Evening wRap

Feb 27, 2017 - 9:48 PM

Watch the evening newscast with Ana Arceo

Philippine peso continues to dip, hits new 10-year low

Feb 27, 2017 - 6:10 PM

The local currency slides to a fresh low again as it braces for another US Federal Reserve rate hike and awaits US President Donald Trump s new policies

FRESH 10-YEAR LOW. On Monday, February 27, Philippine peso opened weaker at P50.24 to $1 and depreciated further to an intraday low of P50.285 to $1. Rappler file photo

Tax reform may determine peso's long-term fate – expert

Feb 22, 2017 - 8:00 PM

A risk consultant says tax reform is urgently needed to generate revenue for increased spending while the country waits for major infrastructure projects

'Political noise' not causing weaker peso – expert

Feb 22, 2017 - 4:10 PM

The Philippines shrinking current account surplus is the main reason why the peso has fallen to more than P50 to the US dollar according to a risk consultant

Rappler Talk: Bob Herrera-Lim on the peso, worst performing currency

Feb 22, 2017 - 8:22 AM

The Philippine peso remains the worst performing currency in the Asia depreciating by as much as 5 72 this year

Peso vs dollar, CHED, Trump | Midday wRap

Feb 21, 2017 - 1:07 PM

Watch the midday newscast with Zak Yuson

#ThewRap: Things you need to know, February 21, 2017

Feb 21, 2017 - 10:32 AM

Hello Here s a round up of news you need to know this Tuesday

Philippine peso now at its weakest in a decade

Feb 20, 2017 - 7:10 PM

The local currency s performance on Monday February 20 is the weakest since the P50 32: 1 level recorded on September 26 2006

WEAKEST. This is Philippine peso's weakest close in a decade. Rappler file photo