MONETARY authorities maintain that a market-determined exchange rate policy is still good for the Philippine peso despite its depreciation.

To date, the peso is trading at 56-level against the greenback, a far cry from its 53-level at the start of the year.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details