Tag: Philippine

  • Postpone remittances? Pakistani rupee value to rise in October, Philippine peso to stay strong

    The value of a country’s currency is linked with its economic conditions and policies, and generally depends on factors that affect the economy. These include factors such as imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, and macroeconomic policies, inflow of investments, banking capital, commodity…

  • Philippine peso slides further: Will it hit Php65 vs $1?

    MUFG Global Markets Research suggests that the Philippine Peso is likely to experience further depreciation in the short term, due in part to the country’s substantial current account deficit and the cautious stance of its central bank. The value of the Philippine peso sharply weakened to an 18-year low of Php 56.37 to $1 in…