MANILA, Philippines — The Philippines ended a seven-month streak of dollar deficits in May, offering a tentative signal that pressures on the country’s external accounts may be starting to ease — though economists caution against reading too…
MANILA – Declining crude oil prices helped ease negative investor sentiment and allowed both the Philippine Stock Exchange index (PSEi) and the Philippine peso to recover on Tuesday. The local bourse’s main index rose 1.13 percent to 5,945.71…
MANILA, Philippines — The Philippine peso fell to a new record low of P61.567 against the US dollar on Wednesday, April 29, marking its second straight day of losses. This surpassed the previous historic low of P61.300…
