Money sent home by Filipinos abroad fell to the lowest level in six months in November 2024genesis, as a weak peso allowed overseas workers to save on their cash transfers. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed that cash remi
INQUIRER.net stock image MANILA, Philippines A peso depreciation to below the 60:$1 level remains a possibility, especially if US President-elect Donald Trump would surprise markets by adopting policies that are more protectionist than what he had t
The Philippine peso may breach the key 59:$1 level and post a new record low in the second quarter of 2025slotsdreamer, joining a broader slump of Asian currencies that have been weakening under the weight of a strong dollar. Speaking to reporters o
The Philippine peso may hit the 60:$1 level next year as the king dollar’s supremacy would likely continue, although its pass-through effect would unlikely result in another breach of the Bangko Sentral ng Pilipinas’ (BSP) inflation targ