The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness.
MARKET jitters over the government’s infrastructure spending controversy and expectations of monetary easing by the Bangko Sentral ng Pilipinas (BSP) have weighed on the peso, which breached the P59 ...
The Philippine peso slid to 59.20 against the U.S. dollar, its lowest intraday level in history, on Tuesday amid concerns over the country's growth prospects due to the government's crackdown on ...
The lack of catalysts and continued weakness of the Philippine peso against the US dollar resulted in a drop in the ...
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