Peso fall below 60 vs $1 still possible

Edward Lance Lorilla
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A peso depreciation below the 60:$1 level remains a possibility, especially if US President-elect Donald Trump would surprise markets ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

 

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January 15, 2025

 

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FOREX

BMI: Peso fall below 60 vs $1 still possible


A peso depreciation below the 60:$1 level remains a possibility, especially if US President-elect Donald Trump would surprise markets by adopting policies that are more protectionist than what he had threatened to do before, BMI Research said.


By Ian Nicolas P. Cigaral

 

TRADE

PH slips to No. 4 in banana export ranking


The Philippines dropped by one notch to fourth place among the world's top global banana exporters in 2024 as shipments fell by 3 percent due to inclement weather and a plant disease outbreak. 


By Jordeene B. Lagare

 

MONEY MATTERS

What MMFF films reveal about economy, stock market in 2025


The Metro Manila Film Festival (MMFF) has been a beloved Filipino tradition, which showcases local cinema and entertains millions during the holiday season. But beyond the entertainment value, the MMFF may also serve as a surprising barometer of social mood—and perhaps, a predictor of stock market trends.


By Henry Ong

 

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BIZ BUZZ

Domogan et al. banned from John Hay golf course


Former Baguio City Mayor Mauricio Domogan will just have to look for another golf course where he can continue to play his favorite game. This, as the board of the state-run Bases Conversion and Development Authority (BCDA) has unanimously approved a resolution saying that Domogan is "not allowed to play at the Camp John Hay Golf Course until further notice." 


By Tina Arceo-Dumlao

 

INQUIRER PLUS-EXCLUSIVE

PSEi sinks deeper amid US worries


The local bourse sank deeper on Tuesday as uncertainty over inflation in the United States and the Federal Reserve's policy outlook gripped investors. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) shed 0.68 percent or 43.43 points to 6,299.67 its lowest closing value since June 24, 2024.


By Meg J. Adonis


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