PH peso sinks back to 57:$1 as US Fed hold boosts dollar
Provided by Philippine Daily Inquirer.
MANILA, Philippines -- The Philippine peso retreated back to the 57:$1 level at the opening of trading on Thursday as the US dollar gained strength.
The greenback firmed up after the US Federal Reserve kept key interest rates unchanged. Meanwhile, the Bangko Sentral ng Pilipinas (BSP) is widely expected to ease its policy stance later today.
READ: US Fed keeps interest rates unchanged in face of Trump criticism
The local currency opened the trading session at 57.21 against the greenback, weaker than the previous day’s closing of 56.98.
The last time the peso closed at the 57 territory was on April 14, 2025, when the local unit finished at 57.08.
/rwd
(2025/06/19-09:56)
INQUIRER
- 06/20 14:42 Sara Duterte may be violating obligation with her trips abroad – Palace
- 06/20 12:51 Marcos meets Japanese tourism partners on 2nd day of Japan trip
- 06/20 11:29 Sara Duterte on personal trip to Australia to join rally for her father
- 06/20 08:58 DOTr studying train line upgrades – Dizon
- 06/20 05:32 UN rapporteur urges PH to return as ICC member
- 06/20 04:00 Philippine conglomerates increase investments in health care
- 06/20 02:20 AGI eyes new luxury hotel, malls through P59-B buildout
- 06/20 02:16 Robinsons Land pumps up REIT arm with 9 more malls
- 06/20 02:10 Preparing Philippine businesses for sustainability compliance
- 06/19 17:59 Torre to police commanders: ‘Don’t hide in your offices’
- 06/19 14:22 New COVID-19 'Nimbus' variant not yet detected in PH, says DOH chief
- 06/19 12:07 Killing of P200 pay hike bill also kills bid for living wage
- 06/19 11:40 7 Filipinos hurt in Iran missile strikes on Israel – PH embassy
- 06/19 11:08 Meralco unit PacificLight switches on 100-MW plant in Singapore
- 06/19 09:56 PH peso sinks back to 57:$1 as US Fed hold boosts dollar
- 06/19 05:12 Barbers pushes for AI-regulating gov’t agency
- 06/19 02:22 DTI launches supply chain, logistics center to support MSMEs
- 06/19 02:18 Firms in Spain earn nod to send meat to the Philippines
- 06/18 16:51 PSEi retreats as Israel-Iran conflict rises
- 06/18 12:25 Motorists will get fuel subsidies due to Mideast tension – Marcos
- 06/18 09:15 Zero dengue deaths by 2030 possible – scientific working group
- 06/18 08:54 Experts urge PH gov't to expedite approval of new dengue vaccine
- 06/18 02:16 Gov’t orders DOE to ensure sufficient oil supply
- 06/18 02:13 Philippines to adopt OECD cryptocurrency tax framework
- 06/18 02:10 New incentives program for electric vehicles seen ‘more inclusive’
- 06/18 02:09 San Miguel leads Philippine firms in ‘Southeast Asia 500’ list
- 06/18 02:04 Philippine exit from list of ‘risky’ markets seen raising investor interest
- 06/17 13:12 MMDA: Driver caught 309 times for same traffic violation in 10 months
- 06/17 12:00 DOTr chief commits privatization of 10 airports by 2028
- 06/17 10:49 House refusal to accept Duterte lawyers’ entry may delay trial – Senate
- 06/17 07:01 Philippines climbs to 51st in global competitiveness report
- 06/17 05:45 Filipina worker wounded in airstrikes vs Israel ‘critical’
- 06/17 02:14 Israel-Iran conflict seen unlikely to derail BSP rate cut
- 06/16 19:07 Senate, House tell agencies: Monitor, help Filipinos caught in war
- 06/16 13:58 Marcos on Filipinos in Israel: Make sure ‘no one is left behind’
- 06/16 11:27 Marcos orders agencies: Prioritize power, internet access in schools
- 06/16 05:40 4 Filipinos in Israel injured amid air strikes
- 06/16 05:36 PH, Japan hold joint drills after RAA
- 06/16 05:32 Problems of past class opening persist in current school year
- 06/16 02:32 Stage set for fresh BSP rate cut to 5.25%
- 06/16 02:26 Final price caps set for clean energy auction
- 06/16 02:20 NEA tasked to help co-ops secure green energy requirements
- 06/15 14:49 DA estimates over 200,000 metric tons of tuna catch in 2024
- 06/13 18:24 AboitizPower P100-B bond program gets SEC approval
- 06/13 17:01 DA lifts ban on beef, poultry products from Germany, Belgium
- 06/13 17:01 DA lifts ban on beef, poultry products from Germany, Belgium
- 06/13 14:55 Edsa 2’s lessons for Sara Duterte trial from Joseph Estrada’s fall
- 06/13 11:55 Sotto: Sen. Miriam taught me that senator-judges can’t make motions
- 06/13 02:30 BSP orders banks to go beyond OTPs
- 06/13 02:24 Filinvest hosts Qatar Airways’ first Philippine office
- 06/13 00:50 Rodrigo Duterte appeals for an interim release from ICC detention
- 06/12 21:56 Marcos offers condolences to India over deadly plane crash
- 06/12 15:34 Chief justice on Independence day: Combat corruption, apathy
- 06/12 14:49 Christian Monsod: Senate decision to remand ‘railroading a wrong power’
- 06/12 13:36 Taiwan’s TPEx tapped to help Philippine SMEs, bond market grow
- 06/12 13:08 Strong, credible voices reverberate vs ‘delay’ in Sara Duterte trial
- 06/12 10:33 Pulong Duterte celebrates independence but dad's detention leaves pain
- 06/12 07:30 Agriculture group urges Marcos to block P200 daily wage hike
- 06/12 06:00 Marcos: Value the nation’s heritage by protecting rights, freedoms
- 06/12 05:44 House, Senate in stalemate over proposed pay hike
- 06/12 05:42 PH removed from EU’s ‘high risk’ dirty money list
- 06/12 02:32 Legislated wage hikes to harm economy, hurt poor Filipinos - economic team
- 06/11 16:29 Solon raises alarm over ASF vaccines for alleged mutation risks
- 06/11 16:24 House to seek clarity on Senate’s remand before receiving case
- 06/11 15:37 No court jurisdiction lost in Sara Duterte impeachment case - Escudero
- 06/11 15:05 Protesters rally in numbers at Senate over Duterte trial delay
- 06/11 13:29 Big business group 'deeply concerned' over stalled Sara Duterte impeachment trial
- 06/11 13:02 Economic team warns of ‘dangerous repercussions’ of P200 wage hike
- 06/11 11:07 Philippines exits EU ‘high-risk’ dirty money list
- 06/11 09:05 Philippine agricultural trade deficit narrows in April
- 06/11 02:28 BSP: FDIs extended slump in March
- 06/10 13:01 41 Chinese vessels seen in various parts of West Philippine Sea in May
- 06/09 14:57 PCG to assess damage caused by grounded Chinese ship off Pag-asa island
- 06/09 12:19 Impeachment process has ‘constitutional infirmities’ – Sara Duterte team
- 06/09 11:36 Senate minority to initiate Sara Duterte impeachment trial this Monday
- 06/09 09:51 F-16 maker sees US making formal offer to PH for fighter jets
- 06/09 05:30 FDA adds 10 more drugs to VAT-free medications
- 06/09 02:09 Philippine market tagged best in SE Asia on slowing inflation
- 06/09 02:07 US agri exports seen growing as Philippines' middle class expands
- 06/09 00:11 South Korea seen to seek deeper security cooperation with PH
- 06/08 02:12 AI is unlocking human potential in new ways
- 06/06 15:23 PH-Japan reciprocal access agreement gets House of Councillors' OK
- 06/06 14:11 ICC prosecutors submit 7th batch of evidence vs Rodrigo Duterte
- 06/06 13:31 Prosecution to present impeachment articles no matter what – Zamora
- 06/06 09:43 Joblessness in the Philippines worsens in April
- 06/06 02:28 Japan debt watcher keeps Philippines' ‘A’ rating
- 06/05 09:16 Inflation cools to 1.3% in May, slowest pace in nearly 6 years
- 06/05 04:36 Reusing plastic ‘a win for everyone’
- 06/05 04:34 Wind power drives Camarines Sur’s energy shift
- 06/05 04:32 In Palawan, a resilient system of seaweed farming
- 06/05 02:28 Philippines may miss growth goal this 2025 – OECD
- 06/04 14:14 Torre pushes for continuing education for police officers
- 06/04 13:25 DA extends issuance of fish import permit till June
- 06/04 12:19 PNP sets 5-minute police response time in a pilot test for Metro Manila
- 06/04 05:55 Senate pressed to fulfill mandate, hold Sara Duterte trial
- 06/04 05:00 DOH seeks emergency declaration on HIV surge
- 06/04 04:55 Marcos lauds upgrades at Naia Terminal 3
- 06/04 02:08 Gov’t debt hit fresh high of P16.75T in April
- 06/04 02:05 BSP enables banks to freeze funds
- 06/04 00:03 DMW to help OFW who had in-flight miscarriage aboard S. Korean plane
- 06/03 16:30 Castro on delayed impeachment trial: Is Senate taking revenge on House?
- 06/03 11:59 Teodoro calls Chinese officer’s proxy war question ‘propaganda’
- 06/03 09:13 HIV cases in PH surge 500%, prompting DOH call for health emergency
- 06/03 05:50 Escudero: Sara Duterte trial delay not tied to Senate power play
- 06/03 05:00 PH, EU to begin dialogue on defense, security issues
- 06/03 02:15 DA okays meat exports from Taiwan, Thailand
- 06/03 02:14 Philippine factory activity cooled in May as US trade war bit
- 06/03 02:10 DTI revisits P1.75-T investment target for 2025
- 06/03 02:09 BSP rate cuts in June and August likely on the table, says Deutsche Bank
- 06/03 02:08 Foreign airlines mull over ‘terminal enhancement’ fee
- 06/02 14:05 Escudero: No Marcos order to delay Sara Duterte impeachment trial
- 06/02 05:42 DOH laments increase in vaping among youth
- 06/02 05:15 AFP: China paper twisting narratives
- 06/02 05:15 South Korea eyes expanded arms deals with PH
- 06/02 05:05 UP study finds method that can detect breast cancer early
- 06/02 02:10 Gov’t raised P390B in borrowings in April
- 06/02 02:09 Poll: Inflation slowed in May
- 06/02 02:04 Razon challenges tycoons’ energy play
- 06/01 23:02 Macalintal: ‘Can impeachment case be carried over to next Congress?’
- 06/01 16:57 Russian vlogger to serve possible 18 months in PH jail – Remulla
- 05/30 13:56 Timor-Leste set conditions before deporting Teves, says Santiago
- 05/30 12:43 China Coast Guard stops shadowing PH civilian ship in West PH Sea
- 05/30 11:52 Teves now at NBI detention facility in New Bilibid Prison
- 05/30 08:00 First Gen calls for price cap review to attract green energy investors
- 05/30 05:44 Surnames of ‘senators’ also crop up in probe of Sara Duterte funds
- 05/30 02:30 Marcos admin drops plan to sell defense bonds
- 05/30 02:22 Filipino firms spending more on cybersecurity
- 05/29 23:41 PH maintains activities in Pag-asa Island, Pag-asa Cays lawful
- 05/29 16:21 Marcos to meet EU executive during visit to PH on June 2
- 05/29 15:42 West Philippine Sea Atin Ito mission: Crewman recalls first sight of Chinese threat
- 05/29 15:35 Philippines plans to improve livestock, poultry import rules
- 05/29 13:54 Teves turned over to PH authorities, departs Timor Leste for Manila
- 05/29 11:23 China assault on Malaysia sovereignty draws parallels to PH ordeal
- 05/29 02:28 Bangko Sentral orders stricter client due diligence
- 05/29 02:16 Philippine insurance sector to outpace global growth
- 05/26 11:20 Marcos calls for legally binding South China Sea Code of Conduct
