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                    [Title] => Peso plunges to 59:$1, weakest in over 2 years
                    [Summary] => The peso depreciated for the third straight trading day to close at 59 to $1 yesterday, matching the all-time low last seen in more than two years, amid uncertainty over US economic policies and Philippine monetary policy.
                    [DatePublished] => 2024-11-22 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
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                    [Title] => Peso drops to P59:$1 level, lowest in 2 years
                    [Summary] => The latest exchange rate print is nine centavos weaker than the P58.91 closing recorded on Wednesday.
                    [DatePublished] => 2024-11-21 17:31:00
                    [ColumnID] => 0
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                    [AuthorID] => 1807953
                    [AuthorName] => Ian Laqui
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                    [Title] => Enhanced PESO IRS market goes live
                    [Summary] => The enhanced PESO interest rate swap market is now operational, marking a significant step toward advancing capital market development and providing market participants with improved tools for managing interest rate risks.
                    [DatePublished] => 2024-11-18 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
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                    [Title] => ‘BSP’s dovish bias negative for peso’
                    [Summary] => While the peso has strengthened against the dollar recently, the local currency is still sensitive to depreciation pressures from expectations over US Fed policy amid the “dovish bias” of the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2024-08-23 00:00:00
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                    [AuthorName] => Keisha Ta-Asan
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                    [Title] => Weak peso pushes Philippines debt to P15.3 trillion
                    [Summary] => The continued weakening of the peso against the dollar pushed the country’s debt to a new record high of P15.3 trillion in May,  the Bureau of the Treasury said.
                    [DatePublished] => 2024-07-05 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [Title] => Stocks, peso fall
                    [Summary] => The stock market plunged deeper in the red, falling back to the 6,400 level due to economic concerns, while the peso weakened to near all-time low against the dollar.
                    [DatePublished] => 2024-05-30 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
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                    [Title] => The skidding peso again?
                    [Summary] => The peso is skidding again and no one is paying attention anymore.
                    [DatePublished] => 2024-05-13 00:00:00
                    [ColumnID] => 136475
                    [Focus] => 1
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
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                    [SectionUrl] => business
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                    [Title] => Peso may outperform peer currencies this year
                    [Summary] => The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC.
                    [DatePublished] => 2024-04-14 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
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                    [Title] => Displaced workers get sewing machine
                    [Summary] => The Department of Labor, through Lapu-Lapu City Mayor Junard “Ahong” Chan, distributed 100 sewing machines worth more than P500,000 to displaced workers in the 
                    [DatePublished] => 2024-01-29 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1526426
                    [AuthorName] => Mitchelle L. Palaubsanon
                    [SectionName] => Cebu News
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                    [Title] => Good tidings
                    [Summary] => Two weeks ago, we wrote about positive developments that are critical for a market turnaround (see Some good news, Nov. 13). 
                    [DatePublished] => 2023-11-27 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 1
                    [AuthorID] => 1793114
                    [AuthorName] => Wilson Sy
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Peso

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                    [Title] => Peso plunges to 59:$1, weakest in over 2 years
                    [Summary] => The peso depreciated for the third straight trading day to close at 59 to $1 yesterday, matching the all-time low last seen in more than two years, amid uncertainty over US economic policies and Philippine monetary policy.
                    [DatePublished] => 2024-11-22 00:00:00
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                    [Title] => Peso drops to P59:$1 level, lowest in 2 years
                    [Summary] => The latest exchange rate print is nine centavos weaker than the P58.91 closing recorded on Wednesday.
                    [DatePublished] => 2024-11-21 17:31:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807953
                    [AuthorName] => Ian Laqui
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                    [Title] => Enhanced PESO IRS market goes live
                    [Summary] => The enhanced PESO interest rate swap market is now operational, marking a significant step toward advancing capital market development and providing market participants with improved tools for managing interest rate risks.
                    [DatePublished] => 2024-11-18 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
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                    [Title] => ‘BSP’s dovish bias negative for peso’
                    [Summary] => While the peso has strengthened against the dollar recently, the local currency is still sensitive to depreciation pressures from expectations over US Fed policy amid the “dovish bias” of the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2024-08-23 00:00:00
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                    [Title] => Weak peso pushes Philippines debt to P15.3 trillion
                    [Summary] => The continued weakening of the peso against the dollar pushed the country’s debt to a new record high of P15.3 trillion in May,  the Bureau of the Treasury said.
                    [DatePublished] => 2024-07-05 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [ArticleID] => 2358937
                    [Title] => Stocks, peso fall
                    [Summary] => The stock market plunged deeper in the red, falling back to the 6,400 level due to economic concerns, while the peso weakened to near all-time low against the dollar.
                    [DatePublished] => 2024-05-30 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
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                    [Title] => The skidding peso again?
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                    [DatePublished] => 2024-05-13 00:00:00
                    [ColumnID] => 136475
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                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
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                    [Title] => Peso may outperform peer currencies this year
                    [Summary] => The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC.
                    [DatePublished] => 2024-04-14 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
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                    [Title] => Displaced workers get sewing machine
                    [Summary] => The Department of Labor, through Lapu-Lapu City Mayor Junard “Ahong” Chan, distributed 100 sewing machines worth more than P500,000 to displaced workers in the 
                    [DatePublished] => 2024-01-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1526426
                    [AuthorName] => Mitchelle L. Palaubsanon
                    [SectionName] => Cebu News
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                    [ArticleID] => 2314422
                    [Title] => Good tidings
                    [Summary] => Two weeks ago, we wrote about positive developments that are critical for a market turnaround (see Some good news, Nov. 13). 
                    [DatePublished] => 2023-11-27 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 1
                    [AuthorID] => 1793114
                    [AuthorName] => Wilson Sy
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abtest

Peso plunges to 59:$1, weakest in over 2 years

By Keisha Ta-Asan | A few seconds ago

The peso depreciated for the third straight trading day to close at 59 to $1 yesterday, matching the all-time low last seen...

Business

Peso drops to P59:$1 level, lowest in 2 years

By Ian Laqui | 6 hours ago

The latest exchange rate print is nine centavos weaker than the P58.91 closing recorded on Wednesday.

Business

Enhanced PESO IRS market goes live

By Keisha Ta-Asan | 4 days ago

The enhanced PESO interest rate swap market is now operational, marking a significant step toward advancing capital market...

Business

‘BSP’s dovish bias negative for peso’

By Keisha Ta-Asan | August 23, 2024 - 12:00am

While the peso has strengthened against the dollar recently, the local currency is still sensitive to depreciation pressures...

Business

Weak peso pushes Philippines debt to P15.3 trillion

By Louise Maureen Simeon | July 5, 2024 - 12:00am

The continued weakening of the peso against the dollar pushed the country’s debt to a new record high of P15.3 trillion...

Business

Stocks, peso fall

By Keisha Ta-Asan | May 30, 2024 - 12:00am

The stock market plunged deeper in the red, falling back to the 6,400 level due to economic concerns, while the peso weakened...

Business

The skidding peso again?

By Boo Chanco | May 13, 2024 - 12:00am

The peso is skidding again and no one is paying attention anymore.

Business

Peso may outperform peer currencies this year

By Keisha Ta-Asan | April 14, 2024 - 12:00am

The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar...

Business

Displaced workers get sewing machine

By Mitchelle L. Palaubsanon | January 29, 2024 - 12:00am

The Department of Labor, through Lapu-Lapu City Mayor Junard “Ahong” Chan, distributed 100 sewing machines worth more than P500,000 to displaced workers in the

Cebu News

Good tidings

By Wilson Sy | November 27, 2023 - 12:00am

Two weeks ago, we wrote about positive developments that are critical for a market turnaround (see Some good news, Nov. 13).

Business