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Currency News

Duterte Banks on China Ties to Repair War-Torn Philippine City

09 Apr 2018 17:52Bloomberg
The world's biggest construction and engineering firm, CSCEC offered to rebuild roads, schools, public buildings and utilities in the most damaged part of the city for 17 billion pesos. Repayment for 40 percent of the cost is interest-free for one year ... more

EM ASIA FX-Most Asian currencies weaken, along with risk appetites

08 Feb 2018 00:22Reuters
Philippine peso weakens ahead of rate decision * Thai baht falls sharply as speculators curb bullish bets * China's yuan drops after January imports jump (Adds text, updates prices) By Aaron Saldanha Feb 8 (Reuters) - Most Asian currencies weakened ... more

Peso rebounds as inflation falls in line with BSP outlook

06 Feb 2018 05:03GMA News
The Philippine peso rebounded against the greenback on Tuesday as the market considered inflation, which fell within expectations of the central bank, in a positive light. more

EM ASIA FX-Asia FX hit by equities rout, yuan holds steady

06 Feb 2018 00:11Reuters
Equity sell-off leads to weaker currencies * China's yuan maintains relative stability * Philippine peso weakens despite stronger CPI data (Adds text, updates prices) By Aaron Saldanha Feb 6 (Reuters) - Most Asian currencies lost further ground against ... more

Philippine interest rates: The reality

04 Feb 2018 09:33Business Mirror
The Philippine inflation rate correlates with the global price of crude oil and the Philippine peso/US dollar exchange rate. more

Peso firms up vs dollar in 2017

30 Dec 2017 10:07Philippine Star
MANILA, Philippines - The peso ended the year on a positive note, gaining five centavos against the US dollar, bringing the full year depreciation of the local currency against the greenback to only 0.42 percent. more

BSP releases new P5 coin to honor Andres Bonifacio

29 Nov 2017 03:08Rappler
The portrait of Bonifacio, the father of the Philippine Revolution, is etched on the obverse of the coin, along with the markings, "ANDRES BONIFACIO," "5-PISO" and "REPUBLIKA NG PILIPINAS" in bold font and in microprints, and the mint mark. more

Japan provides $1-B loan for Philippines subway, other projects

31 Oct 2017 11:29Philippine Star
Roque said Japan has also announced an agreement allowing the conversion of yen to Philippine peso. “The peso and yen are now convertible. more
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