^

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.

vuukle comment

AMOUNTED

CLOSING

COMES

CONTINUED

DAY

DECISION

DECLINE

DURATION

MILLION

PESO

UNITED STATES FEDERAL RESERVE
  • Latest
  • Trending
Trending
Latest
Trending
abtest
abtest
BSP to rely on Fed for rate direction, says finance chief

BSP to rely on Fed for rate direction, says finance chief

By Louise Maureen Simeon | 1 day ago
The Philippines will likely monitor how the US Federal Reserve adjusts its policy, especially as Donald Trump returns to the...
Business
fbtw
Explanation required

Explanation required

By Boo Chanco | 1 day ago
Public officials, elected or appointed, have the obligation to properly explain how they are spending the people’s money....
Business
fbtw
Marcos signs Enterprise-Based Education and Training Framework Act

Marcos signs Enterprise-Based Education and Training Framework Act

By Jean Mangaluz | 1 day ago
President Ferdinand Marcos Jr. signed a measure that creates a framework for the upskilling of Filipino workers in a bid to...
Business
fbtw
ADB OKs $1.7 billion loan for lakeshore project

ADB OKs $1.7 billion loan for lakeshore project

By Louella Desiderio | 1 day ago
The Asian Development Bank has approved a $1.7-billion loan facility to support the construction of the Laguna Lakeshore project...
Business
fbtw
Megaworld income rises 16%

Megaworld income rises 16%

By Richmond Mercurio | 1 day ago
Growth across all its key businesses fueled a double-digit earnings growth for property giant Megaworld Corp. during the nine...
Business
fbtw
Latest
abtest
PSEi drops below 7000 level on Trump victory, slower growth

PSEi drops below 7000 level on Trump victory, slower growth

By Richmond Mercurio | 14 minutes ago
The local stock barometer extended its losing streak, dropping below the 7,000 level on the back of prevailing negative sentiment...
Business
fbtw
Philippines to join global sustainable finance initiative

Philippines to join global sustainable finance initiative

By Louise Maureen Simeon | 14 minutes ago
The Philippines will join a global initiative that aims to promote sustainable finance among economies.
Business
fbtw
BSP: Philippine banks poised for growth

BSP: Philippine banks poised for growth

By Keisha Ta-Asan | 14 minutes ago
The country’s banking industry is expected to sustain its growth momentum over the coming years, driven by strong reforms...
Business
fbtw
Puregold acquires Puremart stores

Puregold acquires Puremart stores

By Richmond Mercurio | 14 minutes ago
Puregold Price Club Inc., the flagship retail chain of businessman Lucio Co, is bolstering its portfolio with the acquisition...
Business
fbtw
Philex nets P636 million in 9 months

Philex nets P636 million in 9 months

By Jasper Emmanuel Arcalas | 14 minutes ago
Philex Mining Corp. said its attributable net income from January to September fell by almost a quarter year-on-year to P636.03...
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