For those watching the movement of the dollar-peso exchange rate, the recent strengthening of the peso, while desirable for some, may be fleeting.
Will the peso depreciate even more before the year is out? Metrobank’s foreign exchange division head gives us some clarity.
September 12, 2022Who wins and who loses when the peso appreciates or depreciates? Who determines the price of the peso in a floating exchange rate regime? Contrary to what most may think, it is neither the BSP nor the government that sets the price.
July 19, 2022Many factors are contributing to the peso’s woes. Inflation in the US is a major one. High inflation, however, may be over in a few months, if history is any guide.
July 18, 2022Did the peso depreciate much more than other ASEAN currencies against the US dollar? It seems the peso is just playing “depreciation catch-up” against the backdrop of a strong dollar.
July 1, 2022There are forces pushing the value of the dollar up. Increasing policy rates in the US are mostly to blame. For now, we continue to advocate buying on dips.
June 28, 2022