Rappler's latest stories on PESO
Peso strengthens, hits P49 to $1 after 3 years
The Philippine peso is at its strongest in 3 years, but families receiving dollars from abroad may not be happy about the news
Dollars under the mattress: Argentines' preferred savings
One of Argentina's major problems is that citizens do not trust their own currency
Novel coronavirus scare downs Philippine shares, peso
The Philippine Stock Exchange index falls to a new one-year low, as businesses around the globe brace for the impact of the novel coronavirus
FALSE: Bangko Sentral ‘launches new design of Philippine peso'
The Bangko Sentral ng Pilipinas has no official announcement about the release of a new design of Philippine peso bills
SEC shuts down Peso Tree, Pesolalo, Pinoy Cash Loan
The online lending firms ridiculed debtors and slapped very high interest rates, says the Securities and Exchange Commission
Bangko Sentral to sell P10,000, P500 commemorative coins
A single P10,000 gold commemorative coin costs P127,500
LOOK: New P20 coin, enhanced P5 coin unveiled
The new P20 coin is more expensive to produce than the banknote version, but the Bangko Sentral ng Pilipinas says it will last much longer
FALSE: New designs of Philippine peso coins out
The BSP is not releasing new designs of legal tender, except for the upcoming P20 coin
MISLEADING: Philippine peso is Asia’s best currency
The original article was published in March 2019 and is just being rehashed. Asia’s best-performing currency as of September 2019 is the Thai baht, according to Bloomberg.
Design of new P20 coin to be unveiled in December
The P20 coin will initially coexist with the banknote version. But the banknote will be gradually removed from circulation.
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
Official data shows the peso-dollar exchange rate was already at P3 in 1965, and it further depreciated throughout Marcos’ term
Bangko Sentral to create P20 coin
(UPDATED) A study finds that Filipinos frequently use P20 bills, leading to the banknote's wear and tear. A coin version will extend its life span.
WATCH: This yuppie sets out to do the "3 malls, P3000 challenge"
Ortigas dweller Claudine San Diego sets out to see if she can get her to-do list done without leaving the Ortigas area
Companies hiring PWDs to join Makati job fair
Mayor Abigail Binay says even non-residents of Makati can come to the job fair on November 9
Philippines, China launch peso-yuan trading facility
Finance Secretary Carlos Dominguez III says this reduces the cost of doing business for Chinese and Filipino businessmen
Philippine peso, stocks sink further
The Philippine peso and the local bourse sink further on Wednesday, September 26, despite interest rate hike expectations
Trillanes, Palace clears Leni, Peso falls, Trump at United Nations | Midday wRap
Watch Rappler’s Midday newscast with Chito dela Vega
Philippine peso dips to fresh 13-year low, bloodbath at PSE
The Philippine peso closes at P54.31 against the US dollar on Tuesday, September 25
Philippine peso sinking to P58 vs $1 'unlikely' – Diokno
Budget Secretary Benjamin Diokno says the government relies on overseas Filipinos' remittances and foreign direct investments to keep the economy steady
Philippine peso to hit P58 vs $1, inflation to jump – Capital Economics
The London-based research firm sees the Philippine peso sliding to P58 in 2019 and inflation soaring due to Typhoon Ompong
Typhoon Ompong, Peso plummets, Naomi Osaka | Evening wRap
Watch Rappler’s evening newscast with Paterno Esmaquel
Philippine peso plummets to P54 vs $1
The Philippine peso dips further on Wednesday, September 12, amid a wider trade deficit, high inflation, and rising oil prices
Trillanes, Philippine peso dips, Twitter bans Alex Jones | Midday wRap
Watch Rappler’s Midday newscast with Margie de Leon
Philippine peso weakens further to 13-year low
The Philippine peso is now just a few centavos away from hitting P54 to $1
[ANALYSIS] Weaker peso boosts exports? Not necessarily
Why are exports weakening despite a weaker peso? If we take the word of the economic managers, isn’t this puzzling?
IN CHARTS: What your P100 can buy under runaway inflation
Vegetable prices are soaring and a bottle of beer costs much more. Inflation rate in the ARMM is higher than the national average.
Weak peso fails to lift Philippine exports in June 2018
The Philippine Statistics Authority says the country posted a wider year-on-year trade deficit in June after imports rose to their fastest pace
Bangko Sentral ng Pilipinas takes on fake news
The Bangko Sentral ng Pilipinas reminds the public that they have the authority to run after individuals spreading manipulated images of Philippine banknotes
Duterte & Pope day, Philippine peso, leptospirosis | Midday wRap
Watch the midday newscast with Margie de Leon
Philippine peso to hit P54 to $1 – BMI Research
BMI Research says 'the Philippine peso continues to be the worst performing currency in the region, having weakened by more than 7% against the US dollar year-to-date'
Should we worry about the Philippine peso?
First Metro Investment Corporation and the University of Asia & the Pacific say the answer depends on the factors driving the peso's weakness
#ThewRap: Things you need to know, June 18, 2018
Hello! Here are the stories you shouldn't miss this Monday
[OPINION] Why is the Philippine peso the weakest in ASEAN?
A weakening peso is symptomatic of other things happening in the economy. Most importantly, it suggests we are increasingly becoming a net borrower from the rest of the world, owing to our colossal import bill boosted by Duterte’s 'Build, Build, Build'.
Gov’t should explain 'alarming' peso fall – Robredo
Vice President Leni Robredo says the government should address speculation about the weakening Philippine peso, especially as this affects both businesses and ordinary people
Philippine peso breaches P53 to $1 level, falls to 12-year low
The peso closes at P53.23 to $1, its weakest level since June 2006
Consumer confidence improves in Q2 2018
The Bangko Sentral ng Pilipinas attributes this to optimism on income and jobs, among others, though consumers still think prices of goods will rise further
[OPINION] Higher inflation: Is TRAIN to blame? (Part 1)
In these tough times, government officials must be wary of populist policies that could make matters worse. They should also avoid making callous remarks that tend to belittle the poor and add insult to their economic injury.
Rising prices, weaker peso slightly hurt business confidence in Q2 2018
The Bangko Sentral ng Pilipinas says businesses' overall confidence index was at 39.3% for the 2nd quarter of 2018, a slight decline from the 39.5% for the 1st quarter
MRT, LRT ticketing machines now accept new peso coins
Commuters can already use the newly designed P1, P5, and P10 coins at ticket vending machines of the MRT3, LRT1, and LRT2
LOOK: Newly designed Philippine coins
The Bangko Sentral ng Pilipinas says the new coins will coexist with the old coins in circulation
7% economic growth 'very achievable' this year – BPI
The Ayala-led bank also predicts the peso will depreciate 3-4% every year until 2021 as the government's infrastructure buildup progresses
Peso weakens to 11-year low, Duque on Dengvaxia, Florida school shooting | Midday wRap
Watch the midday newscast with Marguerite de Leon
Philippine peso weakest in over 11 years
(UPDATED) Pressured by a record trade deficit, the local currency closes at P52.12 against the US dollar on Wednesday, February 14, its weakest since July 2006
BSP warns negative impact of sharing photos of 'faceless' bills
The country's central bank says posting photos of alleged misprinted banknotes on social media causes confusion, which may negatively affect commerce
Philippine stocks hit fresh all-time high on 2017's last trading day
This is the 14th time the main index closed at an all-time high this 2017. For the year alone, the Philippine Stock Exchange index gained 25.1%.
Philippine peso strongest in 6 months, stocks break 8500 level
Philippine peso and stocks finish on a strong note two days before trading takes a 4-day New Year break
Printing error caused 'faceless' P100 bills, BSP says
(UPDATED) Investigations have been launched to validate claim over some withdrawn 'faceless' and 'faded' P100 bills
Public can exchange old peso bills at BSP on December 26
(UPDATED) The old banknotes lost their monetary value last June 30. The Bangko Sentral ng Pilipinas will exchange them one last time next week.
#ThewRap: Things you need to know, December 6, 2017
Hello! Here's a roundup of news you need to know this Wednesday.
BSP releases Philippine peso bills with 'enhanced design'
The Bangko Sentral ng Pilipinas says the new banknotes are 'aimed at highlighting significant moments in the nation's history, as well as its world heritage sites and iconic natural wonders'