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BSP rate cut hopes causes drop in 28-day bill rate
The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day securities declined on Friday, reflecting market expectations of further monetary easing by the central bank. Data from the BSP showed the average rate fell by 1.09 basis points to…
CARS funding seen sustaining growth of PH auto industry
Government assurance on funding for the Comprehensive Automotive Resurgence Strategy (CARS) program is expected to sustain investor confidence and support the domestic automotive industry. The Philippine Parts Makers Association (PPMA)…
Gold price increase triggers aggressive global drilling frenzy
For the second time this year, gold trading above $4,300 per ounce has created record profit margins that are fueling an aggressive drilling boom across the mining sector, with companies…
Aluminum records highest price in almost 4 years
Aluminum hit its highest level since April 2022, reaching $3,225 per ton on the London Metal Exchange (LME), as base metals opened the year strong on expectations of US interest…
Marcos welcomes Globe-Starlink partnership; Seen boosting connectivity in PH
President Ferdinand R. Marcos Jr. on Friday welcomed the partnership between Globe Telecom and Starlink as a major move to expand digital access nationwide, saying it will bring reliable connectivity…
| Currency | Price | Previous Close | Changes |
|---|---|---|---|
 UAE Dirham | 0.0634 | 0.0635 | -0.09% |
 Australian Dollar | $0.0244 | 0.0244 | -0.07% |
 Canadian Dollar | $0.0235 | 0.0235 | -0.06% |
 Renminbi | ¥0.1193 | 0.1194 | -0.1% |
 Euro | €0.0146 | 0.0146 | – |
 British Pound | £0.0127 | 0.0127 | -0.05% |
 Hong Kong Dollar | $0.135 | 0.1351 | -0.1% |
 Japanese Yen | ¥2.6378 | 2.6392 | -0.05% |
 South Korean Won | ₩24.8908 | 24.9112 | -0.08% |
 Saudi Riyal | ﷼0.0648 | 0.0648 | -0.09% |
 Singapore Dollar | $0.0218 | 0.0218 | -0.13% |
 US Dollar | $0.0173 | 0.0173 | -0.09% |
 Philippine Peso | |||
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