Asian currencies weakened as investors moved toward safe havens. The Philippine peso hit a record low while the Korean won fell to a two-week low.
@herasoover.bsky.social
@herasoover.bsky.socialAsian currencies weakened as investors moved toward safe havens. The Philippine peso hit a record low while the Korean won fell to a two-week low.
@intellinews.comPhilippine peso hits record low as inflation hits 7.2%: Inflation of 7.2% in September is wearing down the value of the Philippine peso Bne IntelliNews #PhilippinePeso #Inflation #Economy #Finance #Philippines
@iwpost.bsky.socialUS diesel crisis about to become Asia’s interest rate problem#AsiaInterestRates #Block4 #Finance #Philippinepeso #USDieselExportBan #USDieselPrices #USinflation #USinterestrates #USTreasuryyields
@market-ocean-en.bsky.socialyield above 5%. That leaves the Philippines facing a question familiar to any smaller market: will opening a door to Wall Street widen savers' choices, or slowly drain the pool of capital that domestic companies rely on? #HomeBias #CapitalFlows #PhilippinePeso
@herasoover.bsky.social🇵🇭 The BSP has hiked three times since April, yet the peso still printed a record low near 62.65. Rates are up, but oil, inflation and dollar demand are winning the tug of war.
#PHP #BSP #Forex #PhilippinePeso
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