Lower oil prices to benefit peso during 1st sem

MANILA — The drop in international petroleum prices is seen to give the Philippine peso some lift during the year’s first semester but Fitch Solutions expects the local unit to be…

Peso stays firm, PSEi slides on trade war, storm aftermath worries

MANILA — The Philippine peso showed resilience, closing little changed against the greenback on Wednesday while the Philippine Stock Exchange index (PSEi) fell anew, partly on investors’ persistent worries about the…

Peso keeps ground vs USD, PSEi down

MANILA — The Philippine peso closed Monday firm against the greenback but the main equities gauge finished in the red. The local currency ended the week’s first trading day at 50.71…

BSP chief weighs latest peso performance

MANILA – – Should Filipinos be worried about the current weakness of the peso against the US dollar? Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. has the…