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A service for FOREX trading professionals · Friday, December 20, 2024 · 770,735,418 Articles · 3+ Million Readers
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Philippine Peso (PHP) News Monitoring

  • Published on 10:02 GMT

    Philippine peso firmer, Asian currencies mostly muted

    The following table shows rates for Asian currencies against the dollar at 0202 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 157.240 157.43 +0.12 Sing dlr 1.361 1.3607 -0.01 Taiwan dlr 32.702 32.668 -0.10 Korean won …

    Source: Interaksyon - Pro-Government
  • Published on 11:40 GMT

    The Philippines Top Fintech Stories in 2024

    Free Newsletter Get the hottest Fintech Philippines News once a month in your Inbox The fintech industry is reshaping the financial landscape in 2024, driving innovation and fostering financial inclusion in unprecedented ways. With its burgeoning digital …

    Source: Fintech News Philippines - Neutral
  • Published on 00:08 GMT

    Stocks down, peso pierces 59:$1

    December 20, 2024 | 12:00am MANILA, Philippines — The local stock market took its cues from US equities, extending its decline to seven consecutive sessions as it plunged back to the 6,300 level. The benchmark Philippine Stock Exchange index (PSEi) shed 1. …

    Source: Philstar - Pro-Government
  • Published on Dec 19, 2024

    New peso bills focus on PH fauna; heroes, leaders gone

    President Ferdinand Marcos Jr. on Thursday led the unveiling of the next generation of polymer peso bills whose new designs mainly featured some of the country’s indigenous animal species. Noticeably banished from the new banknotes are the Filipino …

    Source: Inquirer - News - Neutral
  • Published on 16:42 GMT

    BSP open to more rate cuts

    Keisha Ta-Asan - The Philippine Star December 21, 2024 | 12:00am MANILA, Philippines — The Bangko Sentral ng Pilipinas  is open to delivering policy rate cuts as early as its first meeting in 2025, but easing measures will remain aligned with the central …

    Source: Philstar - Pro-Government
  • Published on 16:54 GMT

    Peso slumps back to record-low P59:$1

    THE Philippine peso depreciated against its US counterpart for the fifth straight trading day on Thursday, December 19, to sink back to the P59:$1 level, matching the record-low last recorded three weeks ago. The local currency shed a centavo to close at …

    Source: Panay News - Uncategorized
  • Published on 10:02 GMT

    Why many are against BSP’s 1st Philippine Polymer Banknote series designs

    The Bangko Sentral ng Pilipinas on Thursday, December 19, posted a photo of the First Philippine Polymer (FPP) Banknote Series on Facebook, showcasing four denominations with “smarter, cleaner, and stronger” characteristics. “Ipinagmamalaking ipakilala ng …

    Source: Interaksyon - Pro-Government
  • Published on 08:08 GMT

    Asian currencies, stocks subdued on Fed approach to easing

    Asian currencies and stocks lost more ground on Friday and were poised to close the week lower, as a hawkish U.S. rate outlook kept investor sentiment subdued. The Malaysian ringgit and Thailand's baht weakened the most among Asian currencies, shedding …

    Source: The Malaysian Star - Uncategorized
  • Published on 06:44 GMT

    Philippine central bank governor says open to rate cut in early 2025

    MANILA: The Philippine central bank is open to cutting rates at its first policy meeting in 2025, and is monitoring global policy and geopolitical developments that could stoke inflation, Bangko Sentral ng Pilipinas Governor Eli Remolona said on Friday. …

    Source: Business Recorder - Neutral
  • Published on 06:48 GMT

    Group hits new banknotes

    MANILA, Philippines — A group known for its involvement in the 1986 EDSA People Power Revolution criticized the new-look polymer Philippine peso banknotes. In a statement on Friday, the August Twenty One Movement (ATOM) said the Bangko Sentral ng Pilipinas …

    Source: The Manila Times - Uncategorized
  • Published on 02:18 GMT

    Philippines May Open 2025 With Rate Cut, Central Banker Says

    (Bloomberg) -- The Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, Governor Eli Remolona said Friday. Most Read from Bloomberg While the Federal Reserve is less dovish now, the Bangko Sentral …

    Source: Yahoo Finance - Label Pending
  • Published on 02:08 GMT

    BSP cuts policy rate as expected, flags measured easing in 2025

    BSP cuts rate by 25 bps to 5.75% amid inflation concerns Cbank governor emphasizes cautious approach to further rate cuts BSP may cut by 50 bps next year, economist says MANILA (Updated Dec. 20, 2024; 10:01 a.m.) — The Philippine central bank cut its key …

    Source: Interaksyon - Pro-Government
  • Published on 01:27 GMT

    Business : Ringgit Nearly Flat Against US Dollar, Strengthens Against Basket Of Other Currencies

    By Harizah Hanim Mohamed KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of …

    Source: Bernama - Label Pending
  • Published on 01:22 GMT

    Ringgit nearly flat against US dollar, strengthens against basket of other currencies

    KUALA LUMPUR: The ringgit opened nearly flat against the US dollar as the outcome of the two-day Federal Open Market Committee (FOMC) meeting and stronger US economic data are expected to remain supportive of the dollar, an economist said. However, the …

    Source: The Sun Daily - Neutral
  • Published on Dec 16, 2024

    Peso sinks to near 3-week low on Fed cut view

    THE PESO fell to a near three-week low against the dollar on Monday amid market expectations of slower rate cuts by the US Federal Reserve next year. The local unit closed at P58.671 per dollar on Monday, weakening by 20.1 centavos from its P58.47 finish …

    Source: Business World - Label Pending
  • Published on Dec 19, 2024

    Ringgit continues to extend loss on Fed’s hawkish turn

    KUALA LUMPUR, Dec 19 — The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday. At 6pm …

    Source: Malay Mail - Neutral
  • Published on Dec 19, 2024

    Peso sinks to 58.95 vs $1: Lowest level in 2 years

    The Philippine peso slid further on Thursday (December 19, 2024) against the US dollar as the greenback continunes to strengthen. Image Credit: Gulf News Manila: Overseas Filipino Workers (OFWs) could enjoy a virtual pay raise as the peso sank on Thursday, …

    Source: Gulf News - Label Pending
  • Published on Dec 19, 2024

    Business : Ringgit Slips 0.4 Pct Against US Dollar, Opens Mostly Higher Against Other Basket of Currencies

    By Harizah Hanim Mohamed KUALA LUMPUR, Dec 19 (Bernama) -- The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve's (Fed) decision to …

    Source: Bernama - Label Pending
  • Published on Dec 19, 2024

    Ringgit slips 0.4% against US Dollar, opens mostly higher against other basket of currencies

    KUALA LUMPUR: The local currency traded 0.4 per cent weaker against the US dollar as the US Dollar Index rose further to 108.142 points following the United States (US) Federal Reserve’s (Fed) decision to cut the Fed Funds Rate by 25 basis points last …

    Source: The Sun Daily - Neutral

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