The Philippine ... peso is expected to hit a fresh record-low this year, with the US dollar projected to strengthen across most Asian currencies as US President-elect Donald Trump is set to implement ...
The peso "remains vulnerable, but to a relatively lesser extent than many other Asian currencies,” given the Philippine economy’s domestic focus, said Audrey Ong, a strategist at Barclays.
The Philippine ... senior currency analyst Lloyd Chan concurred that the greenback’s latest decline is expected to be contained as some form of tariff hikes are likely still in the pipeline. Global ...
The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US ...
MANILA: Asian currencies edged higher on Tuesday but ... Malaysia’s ringgit and the Philippine peso each nudged 0.2% higher, while South Korea’s won appreciated 0.5% ahead of a central bank ...
Formed in 1967, ASEAN united Indonesia, Malaysia, the Philippines, Singapore ... For instance, the Chiang Mai Initiative was a currency swap arrangement initiated in 2000 among ASEAN members ...
DESPITE the decline in rice prices, the Philippines still faces a double whammy of high food and oil prices that could lead to faster inflation this year, according to the Philippine Statistics ...
Tensions have prevailed over aggressive Chinese assertions in the waters. Beijing's claims overlap with exclusive economic ...
“The latest US Producer Price Index (PPI) print still points ... note traded mixed against Asean currencies. The ringgit advanced versus the Philippines’ peso to 7.67/7.69 from 7.68/7.70 ...
Meanwhile, the local note was traded mixed against ASEAN currencies. It depreciated against the Thai ... dollar to 3.2906/2941 from 3.2909/2943 but was lower against the Philippine peso at 7.68/7.69 ...
The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US ...
SPI Asset Management managing partner Stephen Innes said after opening stronger due to the milder US consumer price index (CPI) print ... local currency was traded mixed against Asean currencies.