^

Business

Peso closes at 45.12

The Philippine Star
January 16, 2014 | 3:45pm

MANILA, Philippines - The peso further weakened on Thursday against the greenback after closing at 45.12, weaker than the previous day's 45.

Total volume amounted to $816.4 million, lower than Wednesday's $912.9 million.

The peso's continued decline comes as uncertainty surrounds the United States Federal Reserve's decision on the speed and duration of its tapering.

AMOUNTED

CLOSING

COMES

CONTINUED

DAY

DECISION

DECLINE

DURATION

MILLION

PESO

UNITED STATES FEDERAL RESERVE
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest
Crime and punishment

Crime and punishment

By Boo Chanco | 16 hours ago
There are some folks who think that foreign investors avoid us because we are too corrupt.
Business
fbtw
Japan Airlines suffers delays after carrier reports cyberattack

Japan Airlines suffers delays after carrier reports cyberattack

By Mathias Cena | 1 day ago
Japan Airlines reported a cyberattack on Thursday that caused delays to domestic and international flights but later said...
Business
fbtw
Budget deficit widens to P213 billion in November

Budget deficit widens to P213 billion in November

By Keisha Ta-Asan | 16 hours ago
The government posted a wider budget deficit of P213 billion in November as revenue collections went down while state spending...
Business
fbtw

Making progress in sustainability efforts

By Catherine Talavera | 16 hours ago
The conversation on sustainability can no longer be avoided for businesses.
Business
fbtw
Infrastructure spending rises in October

Infrastructure spending rises in October

By Keisha Ta-Asan | 16 hours ago
Infrastructure spending rose by 2.5 percent in October, with disbursements reaching P110 billion, according to the Department...
Business
fbtw
Latest
abtest
AsPac subsea cable link switched on

AsPac subsea cable link switched on

By Elijah Felice Rosales | 16 hours ago
The Philippines will benefit from quicker data exchange with neighboring countries in Asia-Pacific as a regional telco consortium...
Business
fbtw
Last-minute buying props up market

Last-minute buying props up market

By Richmond Mercurio | 16 hours ago
Last-minute buying from investors helped the local stock market finish in positive territory in its return from a two-day...
Business
fbtw
Meralco headed for banner year

Meralco headed for banner year

By Brix Lelis | 16 hours ago
Power distribution giant Manila Electric Co. is on track to close 2024 on a high note, with electricity sales growing beyond...
Business
fbtw

Debt-free Benguet Corp eyes new, expansion projects

By Jasper Emmanuel Arcalas | 16 hours ago
Romualdez-led Benguet Corp. is now keen on engaging possible investors to explore new and expansion projects to diversify revenue sources after becoming debt free.
Business
fbtw
BSP profit soars to P109.7 billion in 9 months

BSP profit soars to P109.7 billion in 9 months

By Keisha Ta-Asan | 16 hours ago
The earnings of the Bangko Sentral ng Pilipinas stood at P109.7 billion as of September, nearly five times higher than the...
Business
fbtw
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with