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                    [ArticleID] => 627236
                    [Title] => Peso touches two-and-a-half year high; local currency's strength worries exporters
                    [Summary] => 
The peso has reached a two-and-a-half year high this week, supported mainly by the continued growth in remittances from overseas Filipinos and the influx of hot money into the country.
                    [DatePublished] => 2010-11-05 23:03:45
                    [ColumnID] => 133272
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                    [ArticleID] => 572327
                    [Title] => Peso retreats to 45 to $1
                    [Summary] => 
The peso retreated yesterday back to the 45 to $1 level on the back of weaker currencies across the region due to doubts on the viability of the $144-billion economic bailout for Greece as well as pre-election jitters in the local front.
                    [DatePublished] => 2010-05-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 537742
                    [Title] => Peso starts year stronger at 45.95:$1
                    [Summary] => 
Strong remittances from overseas Filipino workers (OFWs) during the Christmas season helped the peso breach the 46 to $1 level, analysts and traders said yesterday.
                    [DatePublished] => 2010-01-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 444719
                    [Title] => Peso closes at 49.05 to $1
                    [Summary] => 
The peso retreated back to the 49 to a dollar level yesterday, dragged down by worsening anxiety in the region over the depth and extent of the global economic recession that would ultimately hurt emerging economies.
                    [DatePublished] => 2009-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 421980
                    [Title] => Peso strengthens to 48.60
                    [Summary] => 
The peso strengthened against the dollar yesterday, supported by dollar remittances from overseas Filipino workers (OFWs) sent in time for the Christmas season.
                    [DatePublished] => 2008-12-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 15296
                    [Title] => Imports rise 3.8% to $4.71B in June
                    [Summary] => 
            
The country’s imports rose 3.8 percent to $4.71 billion in June, a possible sign that industries are bouncing back, the National Statistics Office (NSO) reported yesterday.
                    [DatePublished] => 2007-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 339486
                    [Title] => Peso regains lost ground
                    [Summary] => The peso climbed yesterday on speculation overseas investors will buy the country’s  stocks and bonds as investors return to riskier assets.


At the Philippine Dealing System (PDS), the peso gained by a substantial 19 centavos to close at 52.59 from Monday’s close of 52.78 to the dollar. 


The  currency has strengthened since Finance Secretary  Margarito  Teves said it would advance if the country’s economy improves, helping reduce its debt payments.


                    [DatePublished] => 2006-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 336126
                    [Title] => BSP won’t match Fed rate increase
                    [Summary] => The Philippines may not match the US Federal Reserve’s decision to raise its benchmark interest rate, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said yesterday.


The   BSP  kept its key interest rate steady for a seventh month at 7.5 percent at a meeting on May 4. A possible increase by the Fed was considered then, Tetangco said. The next meeting is June 1.


                    [DatePublished] => 2006-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
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                    [ArticleID] => 324027
                    [Title] => Peso continues to gain, closes at 51.22 to a dollar
                    [Summary] => The peso continued to gain against the dollar yesterday, rising by another 16 centavos  to close at 51.220 – its highest in 43 months – on the back of strong dollar inflows and improving market sentiments.


Overseas fund managers may bet that President  Arroyo will be able to keep up with her policy to bolster economic growth, said Marcelo Ayes, head of foreign-exchange trading and derivatives at  Equitable PCI Bank. 


The peso has risen 1.9 percent this week after Standard & Poor’s  maintained its debt ratings outlook on the Philippines.


                    [DatePublished] => 2006-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

MARCELO AYES

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                    [ArticleID] => 627236
                    [Title] => Peso touches two-and-a-half year high; local currency's strength worries exporters
                    [Summary] => 
The peso has reached a two-and-a-half year high this week, supported mainly by the continued growth in remittances from overseas Filipinos and the influx of hot money into the country.
                    [DatePublished] => 2010-11-05 23:03:45
                    [ColumnID] => 133272
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                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
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                    [ArticleID] => 572327
                    [Title] => Peso retreats to 45 to $1
                    [Summary] => 
The peso retreated yesterday back to the 45 to $1 level on the back of weaker currencies across the region due to doubts on the viability of the $144-billion economic bailout for Greece as well as pre-election jitters in the local front.
                    [DatePublished] => 2010-05-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 537742
                    [Title] => Peso starts year stronger at 45.95:$1
                    [Summary] => 
Strong remittances from overseas Filipino workers (OFWs) during the Christmas season helped the peso breach the 46 to $1 level, analysts and traders said yesterday.
                    [DatePublished] => 2010-01-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 444719
                    [Title] => Peso closes at 49.05 to $1
                    [Summary] => 
The peso retreated back to the 49 to a dollar level yesterday, dragged down by worsening anxiety in the region over the depth and extent of the global economic recession that would ultimately hurt emerging economies.
                    [DatePublished] => 2009-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 421980
                    [Title] => Peso strengthens to 48.60
                    [Summary] => 
The peso strengthened against the dollar yesterday, supported by dollar remittances from overseas Filipino workers (OFWs) sent in time for the Christmas season.
                    [DatePublished] => 2008-12-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 15296
                    [Title] => Imports rise 3.8% to $4.71B in June
                    [Summary] => 
            
The country’s imports rose 3.8 percent to $4.71 billion in June, a possible sign that industries are bouncing back, the National Statistics Office (NSO) reported yesterday.
                    [DatePublished] => 2007-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 339486
                    [Title] => Peso regains lost ground
                    [Summary] => The peso climbed yesterday on speculation overseas investors will buy the country’s  stocks and bonds as investors return to riskier assets.


At the Philippine Dealing System (PDS), the peso gained by a substantial 19 centavos to close at 52.59 from Monday’s close of 52.78 to the dollar. 


The  currency has strengthened since Finance Secretary  Margarito  Teves said it would advance if the country’s economy improves, helping reduce its debt payments.


                    [DatePublished] => 2006-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 336126
                    [Title] => BSP won’t match Fed rate increase
                    [Summary] => The Philippines may not match the US Federal Reserve’s decision to raise its benchmark interest rate, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said yesterday.


The   BSP  kept its key interest rate steady for a seventh month at 7.5 percent at a meeting on May 4. A possible increase by the Fed was considered then, Tetangco said. The next meeting is June 1.


                    [DatePublished] => 2006-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 324027
                    [Title] => Peso continues to gain, closes at 51.22 to a dollar
                    [Summary] => The peso continued to gain against the dollar yesterday, rising by another 16 centavos  to close at 51.220 – its highest in 43 months – on the back of strong dollar inflows and improving market sentiments.


Overseas fund managers may bet that President  Arroyo will be able to keep up with her policy to bolster economic growth, said Marcelo Ayes, head of foreign-exchange trading and derivatives at  Equitable PCI Bank. 


The peso has risen 1.9 percent this week after Standard & Poor’s  maintained its debt ratings outlook on the Philippines.


                    [DatePublished] => 2006-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Peso touches two-and-a-half year high; local currency's strength worries exporters

November 5, 2010 - 11:03pm

The peso has reached a two-and-a-half year high this week, supported mainly by the continued growth in remittances from overseas Filipinos and the influx of hot money into the country.

Peso retreats to 45 to $1

By Lawrence Agcaoili | May 6, 2010 - 12:00am

The peso retreated yesterday back to the 45 to $1 level on the back of weaker currencies across the region due to doubts on the viability of the $144-billion economic bailout for Greece as well as pre-election jitters...

Business

Peso starts year stronger at 45.95:$1

By Lawrence Agcaoili | January 5, 2010 - 12:00am

Strong remittances from overseas Filipino workers (OFWs) during the Christmas season helped the peso breach the 46 to $1 level, analysts and traders said yesterday.

Business

Peso closes at 49.05 to $1

By Des Ferriols | March 3, 2009 - 12:00am

The peso retreated back to the 49 to a dollar level yesterday, dragged down by worsening anxiety in the region over the depth and extent of the global economic recession that would ultimately hurt emerging econ...

Business

Peso strengthens to 48.60

By Iris Gonzales | December 9, 2008 - 12:00am

The peso strengthened against the dollar yesterday, supported by dollar remittances from overseas Filipino workers (OFWs) sent in time for the Christmas season.

Business

Imports rise 3.8% to $4.71B in June

By Ted P. Torres | August 25, 2007 - 12:00am

The country’s imports rose 3.8 percent to $4.71 billion in June, a possible sign that industries are bouncing back, the National Statistics Office (NSO) reported yesterday.

Business

Peso regains lost ground

By Des Ferriols | May 31, 2006 - 12:00am

The peso climbed yesterday on speculation overseas investors will buy the country’s stocks and bonds as investors return to riskier assets. At the Philippine Dealing System (PDS), the peso gained by a substantial...

Business

BSP won’t match Fed rate increase

By Des Ferriols | May 12, 2006 - 12:00am

The Philippines may not match the US Federal Reserve’s decision to raise its benchmark interest rate, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said yesterday. The BSP kept its key interest...

Business

Peso continues to gain, closes at 51.22 to a dollar

By Des Ferriols | March 3, 2006 - 12:00am

The peso continued to gain against the dollar yesterday, rising by another 16 centavos to close at 51.220 – its highest in 43 months – on the back of strong dollar inflows and improving market sentiments. Overseas...

Business