The dollar headed for its best week in almost three years against its major peers, maintaining momentum on Friday after U.S. President Donald Trump set new tariff rates on dozens of trade partners.

FILIPINOS can expect the Philippine peso to weaken further with the start of the imposition of higher tariffs on the country’s merchandise exports to the United States, according to local economists.

The peso retreated to the 58-level against the US dollar on Thursday morning as the US Federal Reserve’s decision to keep ...

Philippine stocks fell below 6,300, and the peso weakened to 58.32 against the US dollar as the 19% US tariff looms.

Banxico is expected to cut its overnight rate twice more to 7.50% by year-end. This would narrow the US-MX rate differential ...

The dollar index, fueled by positive economic data, is now back at a level not seen since May. The U.S. dollar index, which ...

Historically, the Mexican peso reached an all-time high of 25.78 per dollar in April 2020. But in the first nine days of 2023, the peso was exchanged above 19 pesos per dollar.