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A much stronger US dollar, which may briefly go beyond PHP 58 level this year, may affect the country’s economic growth. However, the domestic-driven economy of the Philippines and overseas remittances and BPO flows could soften the blow.
May 10, 2024The US dollar continues to lead the currency pack. But for how long?
September 26, 2023A potential US dollar rebound is on the horizon.
August 24, 2023Except for the Japanese yen and the Chinese yuan, the currencies of the Group of 10 (G10) countries, a group of industrialized nations, has shown potential for appreciation against the US dollar.
August 9, 2023There are more losers than winners in today’s forex market. But with the US overcoming the debt ceiling crisis, global markets are expecting more aligned decisions based on economic growth.
June 19, 2023