PH peso sinks back to 57:$1 as US Fed hold boosts dollar
Provided by Philippine Daily Inquirer.
MANILA, Philippines -- The Philippine peso retreated back to the 57:$1 level at the opening of trading on Thursday as the US dollar gained strength.
The greenback firmed up after the US Federal Reserve kept key interest rates unchanged. Meanwhile, the Bangko Sentral ng Pilipinas (BSP) is widely expected to ease its policy stance later today.
READ: US Fed keeps interest rates unchanged in face of Trump criticism
The local currency opened the trading session at 57.21 against the greenback, weaker than the previous day’s closing of 56.98.
The last time the peso closed at the 57 territory was on April 14, 2025, when the local unit finished at 57.08.
/rwd
(2025/06/19-09:56)
INQUIRER
- 07/02 13:40 Palace: Harry Roque’s remark on his PH departure is ‘barber’s gossip’
- 07/02 11:26 Peza clears P72B investments in 1st semester
- 07/02 08:02 Philippines remains stuck in lower middle-income group
- 07/02 05:25 Smuggled onions, mackerel worth P34M seized at Manila port
- 07/02 04:30 SC issues writ of kalikasan vs Samal-Davao bridge project
- 07/02 02:11 Philippine factory activity recovered in June
- 07/02 02:08 More int’l flights coming to Manila, says Naia operator
- 07/02 02:02 P1-B budget sought to start corn procurement program
- 07/01 14:32 Marcos weighing public sentiment on PH return to ICC – Palace
- 07/01 13:10 China bars ex-senator Tolentino from entering its territories over WPS stance
- 07/01 12:22 Bill to set public school teachers' minimum wage at P50,000 refiled
- 07/01 11:53 Smuggled agri products worth P34M seized
- 07/01 11:26 PSE approves Keppel Philippines delisting on July 8
- 07/01 09:50 Teodoro: Time for PAF to have airborne early warning, control system
- 07/01 05:45 Study: WPS, Benham Rise world’s soft coral hot spots
- 07/01 04:40 Fishers’ group rejects US ammo factory in Subic Bay
- 07/01 02:14 Fuel discounts for PUVs launched amid rollback
- 07/01 02:13 BSP still sees below-target June inflation despite oil price spike
- 06/30 17:04 Teodoro on US-proposed Subic ammo plant: It's ‘definitely encouraged’
- 06/30 13:08 Philippines, Lithuania sign defense pact amid West PH Sea challenges
- 06/30 09:27 Senate open to proposals to improve public access to budget process
- 06/30 05:55 Manila court: Alice Guo ‘a Chinese national’
- 06/30 05:45 Village halls in Albay’s Ligao City go solar
- 06/30 05:35 MMDA completes switch to adaptive traffic lights
- 06/30 02:08 Airlines in Asia-Pacific see turbulence ahead
- 06/30 02:07 Higher deficit ceiling forces tweaks to Philippines' borrowing plan
- 06/30 02:06 MVP awaits big buyers, steady market for Maynilad IPO
- 06/27 11:26 DILG: Paralegal aid frees nearly 68,000 detainees to ease jail crowding
- 06/27 11:08 Subic-Clark-Manila- Batangas cargo railway gets technical aid from USTDA
- 06/27 10:44 Filipinos in Hawaii urged to get US citizenship amid ICE crackdown
- 06/27 09:46 2 Chinese arrested for shooting at Filipino in Makati City
- 06/27 05:48 Escudero, Romualdez likely to keep top posts
- 06/27 05:30 Cayetano warns vs rushed dismissal of impeachment raps
- 06/27 02:34 Marcos gov't cuts 2025 growth outlook on the Philippines
- 06/27 02:30 Gov’t back to budget deficit in May, but smaller
- 06/27 02:18 AboitizPower launches P30-B retail bond offer
- 06/27 02:10 AI-enabled commerce coming soon to digital store near you
- 06/26 15:05 DTI: Prices of basic goods remain stable amid global risks
- 06/26 14:55 Palace hits back after Sara Duterte defends ‘personal’ Australia visit
- 06/26 12:28 Fisherman finds P166.6-M drugs at sea, turns them over to PDEA
- 06/26 10:48 ALI, Globe land on TIME’s list of sustainable companies
- 06/26 05:36 DOJ eyes Japan tech in search for missing cockfighters
- 06/26 05:32 House prosecutors submit Sara Duterte impeach complaint certification
- 06/26 05:30 DOJ heeds ICC ‘request’ to assist witnesses
- 06/26 04:30 From mangroves to meals
- 06/26 02:28 BSP: Number of fake banknotes surged by 18.4% in 2024
- 06/26 00:19 DFA launches book promoting PH Studies programs abroad
- 06/25 17:00 Peso strengthens to 56:$1 as Middle East optimism weakens dollar
- 06/25 16:04 West PH Sea: Recent US-PH-Japan sea drills viewed as ‘counter-China’ effort
- 06/25 13:10 Pope Leo XIV appoints Br. Armin Luistro to Vatican dicastery
- 06/25 13:00 PNP-ACG: Most online scammers now are Filipinos who ‘learned’ from Pogos
- 06/25 11:47 Romualdez: House commits to fund thousands of new teaching posts
- 06/25 10:42 Marcos: No need for fuel subsidy talks as prices have not risen
- 06/25 05:55 Duterte rant, partner Avanceña’s rage cited to block his release
- 06/25 05:45 AFP battle staff readies plans amid Middle East tensions
- 06/25 02:09 Faster 5.6% Philippine GDP growth seen in Q2
- 06/25 02:02 BSP wants banks to adopt model risk management
- 06/24 14:12 Chinese submersible drones’ sinister roles in expansionism
- 06/24 13:33 AFP ready to aid gov't in repatriating Filipinos in Iran, Israel
- 06/24 09:19 31 Filipino repatriates from Middle East now safe – DMW
- 06/24 08:29 Padilla seeks Duterte repatriation, but Senate rejects his resolution
- 06/24 02:10 Philippine peso, stocks feel pressure of world on edge
- 06/24 02:08 Middle East war may cut short BSP easing, say analysts
- 06/24 02:03 Offshore wind projects get boost as Philippines launches road map
- 06/24 02:01 Philippines linking rural farms to markets via steel bridges
- 06/23 13:35 More than 100 Filipinos in Israel lost their homes – PH embassy
- 06/23 11:47 Panfilo Lacson says US bombing of Iran nuke sites could start world war
- 06/23 05:50 Over 200 Filipinos in Israel, Iran seeking repatriation
- 06/23 05:20 Carpio: Sara Duterte risks waiving rights without response to court
- 06/23 02:10 Philippine banks cut property exposure to lowest in 6 years
- 06/23 02:08 Property firms endure condo glut
- 06/23 02:07 Likely better harvest lessens rice imports
- 06/22 05:32 Next week’s fuel price hike seen exceeding P5 per liter
- 06/21 18:07 Marcos: ‘We did not yield’ on West Philippine Sea issue
- 06/20 14:42 Sara Duterte may be violating obligation with her trips abroad – Palace
- 06/20 12:51 Marcos meets Japanese tourism partners on 2nd day of Japan trip
- 06/20 11:29 Sara Duterte on personal trip to Australia to join rally for her father
- 06/20 08:58 DOTr studying train line upgrades – Dizon
- 06/20 05:32 UN rapporteur urges PH to return as ICC member
- 06/20 04:00 Philippine conglomerates increase investments in health care
- 06/20 02:20 AGI eyes new luxury hotel, malls through P59-B buildout
- 06/20 02:16 Robinsons Land pumps up REIT arm with 9 more malls
- 06/20 02:10 Preparing Philippine businesses for sustainability compliance
- 06/19 17:59 Torre to police commanders: ‘Don’t hide in your offices’
- 06/19 14:22 New COVID-19 'Nimbus' variant not yet detected in PH, says DOH chief
- 06/19 12:07 Killing of P200 pay hike bill also kills bid for living wage
- 06/19 11:40 7 Filipinos hurt in Iran missile strikes on Israel – PH embassy
- 06/19 11:08 Meralco unit PacificLight switches on 100-MW plant in Singapore
- 06/19 09:56 PH peso sinks back to 57:$1 as US Fed hold boosts dollar
- 06/19 05:12 Barbers pushes for AI-regulating gov’t agency
- 06/19 02:22 DTI launches supply chain, logistics center to support MSMEs
- 06/19 02:18 Firms in Spain earn nod to send meat to the Philippines
- 06/18 16:51 PSEi retreats as Israel-Iran conflict rises
- 06/18 12:25 Motorists will get fuel subsidies due to Mideast tension – Marcos
- 06/18 09:15 Zero dengue deaths by 2030 possible – scientific working group
- 06/18 08:54 Experts urge PH gov't to expedite approval of new dengue vaccine
- 06/18 02:16 Gov’t orders DOE to ensure sufficient oil supply
- 06/18 02:13 Philippines to adopt OECD cryptocurrency tax framework
- 06/18 02:10 New incentives program for electric vehicles seen ‘more inclusive’
- 06/18 02:09 San Miguel leads Philippine firms in ‘Southeast Asia 500’ list
- 06/18 02:04 Philippine exit from list of ‘risky’ markets seen raising investor interest
- 06/17 13:12 MMDA: Driver caught 309 times for same traffic violation in 10 months
- 06/17 12:00 DOTr chief commits privatization of 10 airports by 2028
- 06/17 10:49 House refusal to accept Duterte lawyers’ entry may delay trial – Senate
- 06/17 07:01 Philippines climbs to 51st in global competitiveness report
- 06/17 05:45 Filipina worker wounded in airstrikes vs Israel ‘critical’
- 06/17 02:14 Israel-Iran conflict seen unlikely to derail BSP rate cut
- 06/16 19:07 Senate, House tell agencies: Monitor, help Filipinos caught in war
- 06/16 13:58 Marcos on Filipinos in Israel: Make sure ‘no one is left behind’
- 06/16 11:27 Marcos orders agencies: Prioritize power, internet access in schools
- 06/16 05:40 4 Filipinos in Israel injured amid air strikes
- 06/16 05:36 PH, Japan hold joint drills after RAA
- 06/16 05:32 Problems of past class opening persist in current school year
- 06/16 02:32 Stage set for fresh BSP rate cut to 5.25%
- 06/16 02:26 Final price caps set for clean energy auction
- 06/16 02:20 NEA tasked to help co-ops secure green energy requirements
- 06/15 14:49 DA estimates over 200,000 metric tons of tuna catch in 2024
- 06/13 18:24 AboitizPower P100-B bond program gets SEC approval
- 06/13 17:01 DA lifts ban on beef, poultry products from Germany, Belgium
- 06/13 17:01 DA lifts ban on beef, poultry products from Germany, Belgium
- 06/13 14:55 Edsa 2’s lessons for Sara Duterte trial from Joseph Estrada’s fall
- 06/13 11:55 Sotto: Sen. Miriam taught me that senator-judges can’t make motions
- 06/13 02:30 BSP orders banks to go beyond OTPs
- 06/13 02:24 Filinvest hosts Qatar Airways’ first Philippine office
- 06/13 00:50 Rodrigo Duterte appeals for an interim release from ICC detention
- 06/12 21:56 Marcos offers condolences to India over deadly plane crash
- 06/12 15:34 Chief justice on Independence day: Combat corruption, apathy
- 06/12 14:49 Christian Monsod: Senate decision to remand ‘railroading a wrong power’
- 06/12 13:36 Taiwan’s TPEx tapped to help Philippine SMEs, bond market grow
- 06/12 13:08 Strong, credible voices reverberate vs ‘delay’ in Sara Duterte trial
- 06/12 10:33 Pulong Duterte celebrates independence but dad's detention leaves pain
- 06/12 07:30 Agriculture group urges Marcos to block P200 daily wage hike
- 06/12 06:00 Marcos: Value the nation’s heritage by protecting rights, freedoms
- 06/12 05:44 House, Senate in stalemate over proposed pay hike
- 06/12 05:42 PH removed from EU’s ‘high risk’ dirty money list
- 06/12 02:32 Legislated wage hikes to harm economy, hurt poor Filipinos - economic team
- 06/11 16:29 Solon raises alarm over ASF vaccines for alleged mutation risks
- 06/11 16:24 House to seek clarity on Senate’s remand before receiving case
- 06/11 15:37 No court jurisdiction lost in Sara Duterte impeachment case - Escudero
- 06/11 15:05 Protesters rally in numbers at Senate over Duterte trial delay
- 06/11 13:29 Big business group 'deeply concerned' over stalled Sara Duterte impeachment trial
- 06/11 13:02 Economic team warns of ‘dangerous repercussions’ of P200 wage hike
- 06/11 11:07 Philippines exits EU ‘high-risk’ dirty money list
- 06/11 09:05 Philippine agricultural trade deficit narrows in April
- 06/11 02:28 BSP: FDIs extended slump in March
- 06/10 13:01 41 Chinese vessels seen in various parts of West Philippine Sea in May
- 06/09 14:57 PCG to assess damage caused by grounded Chinese ship off Pag-asa island
- 06/09 12:19 Impeachment process has ‘constitutional infirmities’ – Sara Duterte team
- 06/09 11:36 Senate minority to initiate Sara Duterte impeachment trial this Monday
- 06/09 09:51 F-16 maker sees US making formal offer to PH for fighter jets
- 06/09 05:30 FDA adds 10 more drugs to VAT-free medications
- 06/09 02:09 Philippine market tagged best in SE Asia on slowing inflation
- 06/09 02:07 US agri exports seen growing as Philippines' middle class expands
- 06/09 00:11 South Korea seen to seek deeper security cooperation with PH
- 06/08 02:12 AI is unlocking human potential in new ways
- 06/06 15:23 PH-Japan reciprocal access agreement gets House of Councillors' OK
- 06/06 14:11 ICC prosecutors submit 7th batch of evidence vs Rodrigo Duterte
- 06/06 13:31 Prosecution to present impeachment articles no matter what – Zamora
- 06/06 09:43 Joblessness in the Philippines worsens in April
- 06/06 02:28 Japan debt watcher keeps Philippines' ‘A’ rating
- 06/05 09:16 Inflation cools to 1.3% in May, slowest pace in nearly 6 years
- 06/05 04:36 Reusing plastic ‘a win for everyone’
- 06/05 04:34 Wind power drives Camarines Sur’s energy shift
- 06/05 04:32 In Palawan, a resilient system of seaweed farming
- 06/05 02:28 Philippines may miss growth goal this 2025 – OECD
- 06/04 14:14 Torre pushes for continuing education for police officers
- 06/04 13:25 DA extends issuance of fish import permit till June
- 06/04 12:19 PNP sets 5-minute police response time in a pilot test for Metro Manila
- 06/04 05:55 Senate pressed to fulfill mandate, hold Sara Duterte trial
- 06/04 05:00 DOH seeks emergency declaration on HIV surge
- 06/04 04:55 Marcos lauds upgrades at Naia Terminal 3
- 06/04 02:08 Gov’t debt hit fresh high of P16.75T in April
- 06/04 02:05 BSP enables banks to freeze funds
- 06/04 00:03 DMW to help OFW who had in-flight miscarriage aboard S. Korean plane
- 06/03 16:30 Castro on delayed impeachment trial: Is Senate taking revenge on House?
- 06/03 11:59 Teodoro calls Chinese officer’s proxy war question ‘propaganda’
- 06/03 09:13 HIV cases in PH surge 500%, prompting DOH call for health emergency
- 06/03 05:50 Escudero: Sara Duterte trial delay not tied to Senate power play
- 06/03 05:00 PH, EU to begin dialogue on defense, security issues
- 06/03 02:15 DA okays meat exports from Taiwan, Thailand
- 06/03 02:14 Philippine factory activity cooled in May as US trade war bit
- 06/03 02:10 DTI revisits P1.75-T investment target for 2025
- 06/03 02:09 BSP rate cuts in June and August likely on the table, says Deutsche Bank
- 06/03 02:08 Foreign airlines mull over ‘terminal enhancement’ fee
