exchange rate - updates

Rappler's latest stories on exchange rate

ARTICLE FINDER

Philippine peso, stocks sink further

Sep 26, 2018 - 6:20 PM

The Philippine peso and the local bourse sink further on Wednesday, September 26, despite interest rate hike expectations

Philippine peso dips to fresh 13-year low, bloodbath at PSE

Sep 25, 2018 - 10:50 PM

The Philippine peso closes at P54.31 against the US dollar on Tuesday, September 25

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'

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

Philippine peso breaches P53 to $1 level, falls to 12-year low

Jun 13, 2018 - 4:58 PM

The peso closes at P53.23 to $1, its weakest level since June 2006

[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.

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

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

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

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

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

'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

#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

PH peso nears P50 again

Dec 20, 2016 - 8:25 PM

This is its weakest level in over a decade or since closing at P50 12 to 1 on November 16 2006

WEAKEST. This was its weakest level in over a decade or since closing at P50.12 to $1 in Nov. 16, 2006. Rappler file photo

Philippine peso strengthens anew against dollar

Nov 28, 2016 - 6:15 PM

The local currency ends stronger for the 2nd straight trading day closing at P49 710: 1 on Monday following Friday s P49 840: 1

AN ADVANTAGE? While the weaker peso means higher debt servicing for the government, it is 'positive' for some firms whose revenues are denominated in US dollars. Rappler file photo

Philippine peso ends week-long losing streak

Nov 26, 2016 - 9:00 AM

The peso closes at P49 84 to 1 a day after it briefly breached the P50 to a dollar level

Philippine peso hits P50 to the dollar

Nov 24, 2016 - 12:04 PM

3rd UPDATE Economists and government officials say the pace by which the local currency has been weakening against the greenback remains very manageable

A customer counts Philippines peso notes after trading his US dollars for Philippine pesos in Manila on September 8, 2015.  Jay Directo/AFP

PH peso weakens further on heightened Fed hike worries

Nov 22, 2016 - 8:40 PM

The local currency remains generally weak slumping to its worst level since November 20 2008 when it ended at P49 999: 1

FRESH 8-YEAR LOW. The local currency ends at P49.85:$1 on Tuesday, weaker than the P49.83:$1 on Monday, November 21. Rappler file photo

Japan quake, Marcos burial, peso drop | Midday wRap

Nov 22, 2016 - 2:12 PM

Watch the midday newscast with Zak Yuson

PH peso sinks to fresh 8-year low of P49.83:$1

Nov 21, 2016 - 8:45 PM

This is the same level when the peso traded at P49 83: 1 on November 24 2008 – the height of the global financial crisis

8-YEAR LOW. On Monday, November 21, the local currency ended at P49.830:$1, weaker from P48.78:$1 on Friday, November 18.

PH peso sinks to near 8-year low of P49.20 to $1

Nov 14, 2016 - 9:00 PM

The November 14 closing is the Philippine peso s weakest level against the US dollar since December 4 2008

8-YEAR LOW. It was the peso's weakest level against the US dollar since December 4, 2008, where it closed at P49.370:$1.

Dominguez: Fed rate hike talks mainly caused peso depreciation

Nov 02, 2016 - 7:30 PM

On Wednesday November 2 the Philippine peso slightly strengthens against the US dollar as the greenback weakens on growing concerns over the US elections

Finance Secretary Carlos Dominguez III says that the country's growth momentum, coupled with low inflation rate, stable currency, and strong political leadership of the Duterte administration, has earnestly opened the doors for business with other nations. Photo by King Rodriguez/Presidential Photo

Diokno contradicts Duterte: No US manipulation of PH peso

Sep 28, 2016 - 6:35 PM

It s a rational behavior of short term investors says Budget Secretary Benjamin Diokno

NO US MANIPULATION. Budget Secretary Benjamin Diokno says there is no US manipulation of Philippines peso, as earlier alleged by President Rodrigo Duterte. Photo by Camille Elemia/Rappler

Peso depreciation 'no cause for concern' – Diokno

Sep 27, 2016 - 1:00 PM

Budget Secretary Benjamin Diokno says the Philippines is still on track to meet its economic growth targets

Clinton vs Trump, Duterte, vs Abu Sayyaf, Philippine peso drop | 12PM wRap

Sep 27, 2016 - 12:31 PM

Watch the 12PM wRap with Maria Ressa

Peso hits 7-year low vs US dollar

Sep 26, 2016 - 7:00 PM

The Philippine peso closes at P48 25 to 1 on Monday September 26 amid domestic and global uncertainty

Moro Convention, Cavs’ NBA title, peso vs dollar | 12PM wRap

Jun 20, 2016 - 12:20 PM

Watch Rappler’s 12PM newscast with Maria Ressa

Why is eurozone inflation so persistently low?

Mar 06, 2016 - 9:25 PM

Here s how oil prices exchange rates wages and corporate investment affect inflation

epa05023363 Clouds are howering over the Finnish capital Helsinki, with the Finnish flag on a boat almost hanging half-mast, Helsinki, Finland, 26 September 2015. Eurozone economic growth slowed in the third quarter of 2015, coming in at a less-than-expected 0.3 per cent compared with the previous three months, according to data released 13 November 2015. The 19-member currency bloc has struggled to rev up its economic engine after emerging from recession in 2013. Inflation is hovering around zero and unemployment is only gradually falling.  Growth in the eurozone's gross domestic product (GDP) continued to slip after dropping from 0.5 per cent in the first quarter and 0.4 per cent in the second, according to an estimate by the European Union's statistics office, Eurostat. Finland is part of Eurozone and it's currently worst performing economy. EPA/MAURITZ ANTIN

PH peso could hit P49 vs dollar – Standard Chartered

Jan 28, 2016 - 6:55 PM

Remittances from Filipinos working abroad are expected to slow down

PH peso to weaken P48.80:$1 in 2016 – ING Bank

Jan 05, 2016 - 3:00 PM

The peso is seen to depreciate further by 3 4 this year after shedding 5 2 against the greenback in 2015 an economist from ING Bank Manila says

FORECAST. ING Bank Manila's exchange rate forecast is more bearish than the consensus of Bloomberg that expects the Philippine peso weakening by 1.8% to P47.90 to $1 in 2016.

Central bank chief's 'joke' sends Australian dollar to 3-year low

Jul 04, 2013 - 2:38 PM

Australia s central bank says a comment from governor Glenn Stevens that sent the dollar to a 3 year low was intended to be funny

NOT FUNNY. The joke of Australian central bank governor sent the currency to a 3-year low. Photo by EPA

Peso closes at P41.615 to the dollar, a 4.5-yr high

Sep 10, 2012 - 8:28 PM

The peso rose to a nearly 4 5 year high at P41 615 to the dollar when the foreign exchange market closed on Monday September 10

8-month PH foreign reserves hit $80.8-B

Sep 07, 2012 - 5:59 PM

The country s foreign exchange reserves as of August surpassed the full year target of the central bank

India rupee woes highlight economic drift

May 28, 2012 - 7:32 PM

The rupee which hit an unprecedented string of all time lows last week is set for more falls unless policymakers move quickly to put Asia s third largest economy back on track analysts say

Corona's dollars in 1960's have issues

May 27, 2012 - 2:26 PM

He was a student then and the black market for dollars was not allowed