Peso may stay at P55 level

By AMCS | BusinessWorld December 08, 2023 MUFG Global Markets Research sees the peso staying at the P55-per-dollar level until the end of 2024 amid easing inflation, a narrowing trade deficit and faster economic growth last quarter. “We now forecast the peso-dollar...

Peso edges higher, stock market flat

By The Manila Times December 07, 2023 The peso again edged higher on Wednesday while the stock market was basically flat, the latter result said to be due to investors choosing to take profits. The currency strengthened by one and a half centavos to P55.305 against...

3-month T-bills upsized

By Louise Maureen Simeon | The Philippine Star December 05, 2023 MANILA, Philippines — The government upsized its three-month short-term securities as the asking rates of investors dropped amid easing oil prices in the global market. The Bureau of the Treasury...