Rates Outlook: Still above 60
Markets await the prospect of peace along the narrow Strait of Hormuz. For now, lingering uncertainty will keep the dollar-peso elevated.
June 16, 2026 by Metrobank
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(Editor’s Note: This outlook is subject to updates.)
Mariel Lopez, Investment Counselor, Financial Markets Sector, Metrobank, said the potential US-Iran peace deal could lead to a lower dollar-peso exchange rate. Investors, however, are focusing more on the central bank’s rate decision on Thursday as markets price in a 25-basis-point rate hike.