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(Bloomberg) -- 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. The peso dropped as much as 0.5% ...
The Philippines must "do something" about sharp fluctuations in the foreign exchange rate to make the currency's movement predictable, its economic planning secretary said on Wednesday. MANILA, Oct 19 ...
June 30 (Reuters) - Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to tamp down inflation, while short positions on China's yuan eased ...
The Philippine peso is set for its best start to the year since 2012, as foreign inflows into the stock market and a weak US dollar bolster the currency. The currency is up almost 2% this year, the ...