Forex Exchange Philippine Peso News
- Billion-dollar transactions send forex rate cresting at P42.89:$1 Wednesday, July 6, 2011 @ 8:21PMThe $1.102-billion dollar transactions Wednesday pushed the peso-dollar exchange rate to P42.89:$1, a centavo shy of the peso's strongest level of P42.88:$1 on May 11, according to trading results at the Philippine Dealing System.
http://www.gmanews.tv/story/225531/business/billion-dollar-transactions-send-forex-rate-cresting-at-p42891
- Billion-dollar transaction sends forex rate cresting at P42.89:$1 Wednesday, July 6, 2011 @ 11:21AMA $1.102-billion dollar transaction Wednesday pushed the peso-dollar exchange rate to P42.89:$1, a centavo shy of the peso’s strongest level of P42.88:$1 on May 11, according to trading results at the Philippine Dealing System (PDS).
http://www.gmanews.tv/story/225531/business/billion-dollar-transaction-sends-forex-rate-cresting-at-p42891
- FXDD Announces Three New Institutional Products Tuesday, May 24, 2011 @ 12:18AMNEW YORK, May 24, 2011 /PRNewswire/ FXDD, a leader in online Forex trading, today announced three new product offerings to its line of advanced solutions for institutional traders. The new products include Forex options, non-deliverable …
http://www.wallstreet-online.de/nachricht/3157626-fxdd-announces-three-new-institutional-products
- PLDT Q1 profit falls 6% Tuesday, May 10, 2011 @ 10:22PMThe Philippines' PLDT has posted a 6% decrease in profit for the first quarter, due to declining revenue and forex losses.
http://www.telecomasia.net/content/pldt-q1-profit-falls-6
- EM ASIA FX-Ringgit, peso ease before rate decisions Thursday, May 5, 2011 @ 2:29AM* Ringgit down 0.4 pct; dlr short-covers before c.bank
http://ph.news.yahoo.com/em-asia-fx-ringgit-peso-ease-rate-decisions-072921063.html
- EM ASIA FX-Won, peso down on dlr-short covers;still seen bullish Tuesday, May 3, 2011 @ 2:59AM* Won, peso down 0.5 pct
http://ph.news.yahoo.com/em-asia-fx-won-peso-down-dlr-short-075951327.html
- EM ASIA FX-Ringgit jumps; profit-taking weighs on Sing dlr Monday, April 25, 2011 @ 3:15AM* Ringgit hits 14-yr high on exporters, interbank speculators
http://sg.news.yahoo.com/em-asia-fx-ringgit-jumps-profit-taking-weighs-081547487.html
- EM ASIA FX-Won, rupee fall on profit-taking; exporters limit losses Tuesday, April 19, 2011 @ 3:03AM* Won, peso, ringgit down 0.2 pct
http://my.news.yahoo.com/em-asia-fx-won-rupee-fall-profit-taking-080336986.html
- PDEx, Reuters to vie for right to operate forex trading system Tuesday, April 5, 2011 @ 11:56AMMANILA, Philippines—The operator of the country’s bond exchange and an international news and data firm will bid jointly for the right to develop and operate a foreign exchange trading platform for the local banking system.
http://business.inquirer.net/money/topstories/view/20110405-329565/PDEx-Reuters-to-vie-for-right-to-operate-forex-trading-system
- Forex reserves exceeded $64-b mark in February Thursday, March 24, 2011 @ 1:36AMThe gross international reserves topped the $64-billion mark in February, higher than earlier estimated, as the Philippines continued to receive strong dollar inflows from abroad.
http://www.manilastandardtoday.com/insideBusiness.htm?f=2011/march/24/business5.isx&d=2011/march/24
- Press Releases Tuesday, March 22, 2011 @ 9:27PMA House member is proposing that all government contracts with foreign entities should be denominated in Philippine pesos to prevent unwanted financial loss for government agencies with respect to foreign loans they enter into.
http://www.congress.gov.ph/press/details.php?pressid=4945
- FOREX HSBC Thursday, March 17, 2011 @ 1:12AMFOREX-Hong Kong and Shanghai Banking Corporation Mumbai, Mar 17 (PTI) The following are the foreign exchange rates, as quoted by Hong Kong and Shanghai Banking Corporation here today:(All rates in Rs per unit) Currency T.T. Buying T.T. Selling Pound Sterling 70.40 73.20 US Dollar 44.56 45.54 Canadian Dollar 44.09 46.77 Bahraini Dinar 116.57121.93 Kuwaiti Dinar 158.58165.88 Omani Rial 114.22119 ...
http://in.news.yahoo.com/forex-hsbc-20110316-231200-992.html
- BSP forex losses hit P80-B in Jan to Nov 2010 Monday, March 14, 2011 @ 7:37AMMANILA, Philippines - The Bangko Sentral ng Pilipinas' (BSP) foreign exchange losses reached P80.31 billion in the first 11 months of 2010.
http://www.abs-cbnnews.com/business/03/14/11/bsp-forex-losses-hit-p80-b-jan-nov-2010
- BSP posts P80B in forex loss Monday, March 14, 2011 @ 6:51AMMANILA, PhilippinesThe Bangko Sentral ng Pilipinas incurred about P80 billion in losses from its foreign exchange operations in the first 11 months of 2010, as it stepped up efforts to stem upward pressures on the...
http://article.wn.com/view/2011/03/14/BSP_posts_P80B_in_forex_loss/
- BSP posts P80B in forex loss Monday, March 14, 2011 @ 5:32AM(UPDATE) The Bangko Sentral ng Pilipinas incurred about P80 billion in losses from its foreign exchange operations in the first 11 months of 2010, as it stepped up efforts to stem upward pressures on the peso.
http://business.inquirer.net/money/breakingnews/view/20110314-325397/BSP-posts-P80B-in-forex-loss
- Pilipinas Shell to raise fuel prices Tuesday Monday, March 14, 2011 @ 5:10AMPilipinas Shell Petroleum Corp. is raising its pump prices by P0.50 per liter for premium gasoline starting March 15, the company said in a text message to media organizations Monday.
http://www.gmanews.tv/story/215233/business/pilipinas-shell-to-raise-fuel-prices-tuesday
- BSP sets up facility to exchange Libyan dinars to peso Thursday, March 3, 2011 @ 7:22AMMANILA, Philippines - Filipinos who evacuated from Libya can convert their Libyan dinar to Philippine peso at the Bangko Sentral ng Pilipinas headquarters in Manila and its regional offices starting March 3.
http://www.abs-cbnnews.com/business/03/03/11/bsp-sets-facility-exchange-libyan-dinars-peso
- BSP expected to relax rules on forex outflow Sunday, February 27, 2011 @ 10:47AMMANILA, Philippines—The Bangko Sentral ng Pilipinas is expected to relax the rules governing the outflow of dollars and other foreign currencies this year as initial indications showed that the inflow of “hot money” was likely to sustain its robust growth in 2011.
http://business.inquirer.net/money/topstories/view/20110227-322573/BSP-expected-to-relax-rules-on-forex-outflow
- Asian Currencies Poised for Weekly Decline as Libya Saps Demand for Assets Thursday, February 24, 2011 @ 9:58PMAsian currencies were set for a weekly decline, led by the Taiwan dollar and South Korea’s won, as an uprising in Libya pushed up oil prices and sapped demand for emerging-market assets.
http://www.bloomberg.com/news/2011-02-25/asian-currencies-poised-for-weekly-decline-as-libya-saps-demand-for-assets.html
- PHL Jan. forex reserves hit record $63.6B Monday, February 7, 2011 @ 5:59AMThe country's gross international reserves (GIR) expanded to a record $63.61 billion in January on the back of higher government borrowings, robust foreign exchange operations, and higher income from overseas investments of the Bangko Sentral ng Pilipinas (BSP).
http://www.gmanews.tv/story/212435/phl-jan-forex-reserves-hit-record-636b
- EM ASIA FX-Indonesian rupiah near 6-mth lows; outlook wary Friday, January 14, 2011 @ 12:57AM* Rising inflation make investors cautious
http://asia.news.yahoo.com/rtrs/20110114/tap-markets-asia-forex-c3bb44c.html
- EM ASIA FX-Won, baht get a leg up from rate hikes, outlook rosy Thursday, January 13, 2011 @ 1:47AM* Asian policymakers warm up to using FX gains-Aberdeen
http://malaysia.news.yahoo.com/rtrs/20110113/tap-markets-asia-forex-c3bb44c.html
- EM ASIA FX-Baht up on c.bank; rupiah extends recent losses Tuesday, January 11, 2011 @ 2:28AM* Baht up 0.6 pct; c.bank sees inflows continuing
http://asia.news.yahoo.com/rtrs/20110111/tap-markets-asia-forex-c3bb44c.html
- SET index could go lower than 1,000 as baht drops Monday, January 10, 2011 @ 11:33AMThe Stock Exchange of Thailand could fall below the psychological level of 1,000 points today as it is swamped by negative factors including a five-month low in the baht's value against US dollar that sparked sell-offs yesterday.
http://www.nationmultimedia.com/2011/01/11/business/SET-index-could-go-lower-than-1000-as-baht-drops-30146079.html
- EM ASIA FX-Inflation scare stings Indonesian rupiah, Thai baht Monday, January 10, 2011 @ 2:56AM* Baht drops to 3-month low vs dollar; rupiah at 5-month low
http://asia.news.yahoo.com/rtrs/20110110/tap-markets-asia-forex-c3bb44c.html
- EM ASIA FX-Peso, rupee down on firm dlr, eyes on US job data Friday, January 7, 2011 @ 1:02AM* Peso down 0.4 pct on dlr short covering
http://malaysia.news.yahoo.com/rtrs/20110107/tap-markets-asia-forex-c3bb44c.html
- EM ASIA FX-Won, rupee down as firm dlr spurs short-covering Wednesday, January 5, 2011 @ 1:38AM* Won down 0.4 pct, rupee down 0.5 pct
http://ph.news.yahoo.com/rtrs/20110105/tap-markets-asia-forex-c3bb44c.html
- EM ASIA FX-Won, baht up on fund inflows; intervention spotted Tuesday, January 4, 2011 @ 1:42AM* Won up 0.4 pct, baht up 0.2 pct
http://malaysia.news.yahoo.com/rtrs/20110104/tap-markets-asia-forex-c3bb44c.html
- P/$ rate stands at P43.865 to $1 Thursday, December 30, 2010 @ 11:01AM MANILA, Philippines – The peso exchange rate stands at P43.865 to the US dollar, the closing rate on Wednesday at the Philippine Dealing & Exchange Corp. (PDEx). The weighted average rate stands at P43.885. OUTSTANDING FOREX SWAPS AT $19.57 B IN NOV.
http://www.mb.com.ph/articles/295700/p-rate-stands-p43865-1
- P/$ rate stands at P43.865 to $1 Thursday, December 30, 2010 @ 2:45AMMANILA, Philippines - The peso exchange rate stands at P43.865 to the US dollar, the closing rate on Wednesday at the Philippine Dealing & Exchange Corp. (PDEx).
http://ph.news.yahoo.com/mb/20101230/tbs-p-rate-stands-at-p43-865-to1-ae83b27.html
- EM ASIA FX-Taiwan dlr, won up on exporter demand Thursday, December 30, 2010 @ 1:52AM* Taiwan dlr hit 13-year high, won touches 3-week high
http://ph.news.yahoo.com/rtrs/20101230/tap-markets-asia-forex-c3bb44c.html
- EM ASIA FX-Taiwan dlr, won up on foreigner's appetite, weak dlr Tuesday, December 14, 2010 @ 1:41AM* Taiwan dlr at 13-yr high, won up 0.5 pct
http://malaysia.news.yahoo.com/rtrs/20101214/tap-markets-asia-forex-c3bb44c.html
- PNOC-EC targets P2-billion income for 2011 Friday, December 10, 2010 @ 5:33PMMANILA, Philippines - Barring any hitches on expected revenues from its share in the Malampaya gas venture, state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) is keeping its eye on the ball toward logging a net income of P2.05 billion for next year."We are looking at P2.05 billion full-year income for 2011," PNOC-EC chairman and president Gemiliano Lopez Jr. has noted.
http://ph.news.yahoo.com/mb/20101211/tbs-pnoc-ec-targets-p2-billion-income-fo-ae83b27.html
- Philippine forex reserves at record $61.3-B at end-Nov Tuesday, December 7, 2010 @ 12:48AMMANILA, Philippines - Gross international reserves reached a record $61.3 billion at end-November, the Bangko Sentral ng Pilipinas said on Tuesday.
http://www.abs-cbnnews.com/business/12/07/10/philippine-forex-reserves-record-613-b-end-nov
- EM ASIA FX-Taiwan dlr, won up as Irish bail-out lifts stocks Monday, November 22, 2010 @ 2:34AM* Taiwan dlr gains up to 1.5 pct; intervention spotted
http://asia.news.yahoo.com/rtrs/20101122/tap-none-q1931-c3bb44c.html
- HIGHLIGHTS-Philippine c.bank governor comments on policy, forex Wednesday, November 17, 2010 @ 12:39AMMANILA, Nov 17 (Reuters) - Following are comments made by Philippine central bank governor Amando Tetangco at a forum with foreign journalists on Wednesday, a day before a regular review of monetary policy.
http://asia.news.yahoo.com/rtrs/20101117/tbs-philippines-economy-8bedc88.html
- Asian Currencies Advance as China Sets Higher Reference Rate Wednesday, November 10, 2010 @ 10:09PMAsian currencies rose, led by Taiwan’s dollar and South Korea’s won, on speculation a pickup in yuan appreciation will make central banks elsewhere in the region more tolerant of gains.
http://www.businessweek.com/news/2010-11-10/asian-currencies-advance-as-china-sets-higher-reference-rate.html
- Peso rise won’t be blocked Wednesday, November 3, 2010 @ 11:47AMAuthorities not going to fight the market’ -- Palace spokesmanMALACAÑANG IS CONCERNED over the economic impact of a strengthening peso but will not move to bar its rise, officials yesterday said.
http://www.bworldonline.com/main/content.php?id=20620
- Lifting of forex control may strengthen peso Wednesday, November 3, 2010 @ 9:09AMTHE Bangko Sentral has raised the limits on outward flows of foreign exchange as a measure to help the peso from strengthening too fast. The export industry, as a result, is becoming uncompetitive.
http://www.malaya.com.ph/11042010/edmacasaet.html
- Stocks Climb, Emerging Currencies Gain; U.S. Futures Fluctuate Wednesday, November 3, 2010 @ 3:31AMStocks advanced in Europe and Asia and emerging-market currencies strengthened on improving earnings and the prospect of fresh stimulus from the U.S. Federal Reserve.
http://www.businessweek.com/news/2010-11-03/stocks-climb-emerging-currencies-gain-u-s-futures-fluctuate.html
- Asia Stocks Climb, Emerging Currencies Gain on Economy Optimism Tuesday, November 2, 2010 @ 11:46PMAsian stocks advanced, pushing a regional index to a two-year high, and emerging market currencies strengthened on improving earnings and the prospect of fresh stimulus from the U.S. Federal Reserve.
http://www.businessweek.com/news/2010-11-03/asia-stocks-climb-emerging-currencies-gain-on-economy-optimism.html
- Gov’t urged to review forex policy Thursday, October 28, 2010 @ 11:29AMMORE LOCAL industries, many of which are expected to be the country’s biggest growth drivers, are starting to hurt because of the strong peso, prompting them to step up pleas for the government to review its foreign exchange policy.
http://business.inquirer.net/money/topstories/view/20101028-300323/Govt-urged-to-review-forex-policy
- Ceiling on dollar purchases doubled Thursday, October 28, 2010 @ 9:47AMThe central bank yesterday doubled the ceiling on foreign currencies a resident may buy from banks from $30,000 to $60,000, one of five measures intended to ease the outflow of foreign exchange.
http://www.malaya.com.ph/10292010/busi1.html
- Philippines to liberalize forex regulations Thursday, October 28, 2010 @ 8:36AMMANILA, Philippines (Xinhua) - The Philippine central bank has liberalized its rules on foreign exchange transactions in the country, partly to address the sharp rise in the local currency. The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) said the proposed amendments--which will take effect 15 days after its publication in newspapers--are expected to encourage greater foreign exchange ...
http://www.mb.com.ph/articles/284759/philippines-liberalize-forex-regulations
- TEXT-Philippine c.bank changes foreign exchange rules Thursday, October 28, 2010 @ 6:44AMMANILA, Oct 28 (Reuters) - The Philippine central bank (BSP) on Thursday announced changes to its foreign exchange rules, intended to encourage more outflows to help counter strong capital inflows.
http://asia.news.yahoo.com/rtrs/20101028/tbs-philippines-economy-cbank-8bedc88.html
- 10-28/BSP Approves Further Liberalization of Foreign Exchange Regulations Thursday, October 28, 2010 @ 5:13AMThe Monetary Board of the Bangko Sentral ng Pilipinas (BSP) approved today certain amendments to the Manual of Regulations on Foreign Exchange Transactions. These changes are a result of the ...
http://www.bsp.gov.ph/publications/media.asp?id=2435
- BSP urges Aquino admin to settle foreign debt Monday, October 25, 2010 @ 4:03AMThe Philippines should take advantage of the strong peso and the abundance of US dollars in the system by pre-paying some of its foreign debts, according to the Bangko Sentral ng Pilipinas.
http://www.gmanews.tv/story/204276/bsp-urges-aquino-admin-to-settle-foreign-debt
- BSP rules out control on forex Monday, October 11, 2010 @ 7:24PMMANILA, Oct. 12 (PNA) --The Bangko Sentral ng Pilipinas (BSP) rules out controls on foreign exchange and adjustments to the deposit reserve ratio in the wake of copious foreign exchange inflows in recent months.
http://positivenewsmedia.net/am2/publish/Business_19/BSP_rules_out_control_on_forex.shtml
- Asian Currencies Gain on Speculation Fed Easing Policy Will Spur Inflows Sunday, October 10, 2010 @ 11:57PMAsian currencies strengthened, led by the Taiwan and Singapore dollars, on speculation the Federal Reserve will step up asset purchases, accelerating the flow of funds into higher-yielding assets.
http://www.bloomberg.com/news/2010-10-11/asian-currencies-gain-on-speculation-fed-easing-policy-will-spur-inflows.html
- FACTBOX-Philippine central bank comments on peso, capital flows Thursday, October 7, 2010 @ 11:31PMMANILA, Oct 8 (Reuters) - The Philippine central bank has said it has enough tools to manage large inflows of foreign capital so it is not contemplating new policies to restrict an influx of funds, part of a broad shift into emerging markets.
http://asia.news.yahoo.com/rtrs/20101008/tbs-philippines-economy-8bedc88.html
