يحاول ذهب - حر

Peso gains amid tariff threats

April 30, 2025

|

Manila Bulletin

Emerging market (EM) currencies, including the Philippine peso, gained versus the United States (US) dollar in the aftermath of US President Donald Trump's tariff spree, according to the think tank Capital Economics.

"EM currencies have generally strengthened against the dollar since 'Liberation Day.' Those of some oil exporters have weakened though," Capital Economics research assistant Jack Oatley noted in an April 28 report.

Since Trump announced last April 2 the 10-percent baseline for all countries and higher reciprocal tariffs on trading partners with which the US has a trade deficit, the peso appreciated against the greenback by about one percent, Capital Economics data showed.

This extended the relative strength that the peso has been enjoying since the beginning of this year.

"We still expect a stronger US dollar and higher treasury yields in Trump's presidency.

Fortunately, EM currency crisis risks are nearing a historic low," Capital Economics said.

The think tank still expects the peso to fall to the P62:$1 level this year.

Despite this, the peso is among the least vulnerable to sharp currency falls, based on Capital Economics' latest EM Currency Crisis Risk Indicator.

المزيد من القصص من Manila Bulletin

Manila Bulletin

Christmas behind bars for 40 suspects in flood control project scandal

Christmas won't be merry for those involved in the massive multi-billion-peso flood control anomalies, President Marcos warned, as Department of Public Works and Highways (DPWH) Secretary Vince Dizon bared that more than 40 individuals involved in this scandal would likely be in jail as early as November this year.

time to read

5 mins

November 14, 2025

Manila Bulletin

Meet the new BIR chief: Mendoza the 'solution-finder'

Charlito Martin \"Charlie\" Mendoza, a top-ranking lawyer and licensed geodetic engineer, has been appointed by President Marcos as commissioner of the Bureau of Internal Revenue (BIR), the agency responsible for over 70 percent of government revenues.

time to read

2 mins

November 14, 2025

Manila Bulletin

Manila Bulletin

Kokoy De Santos makes theater debut in 'ATENG'

Playwright Vincent de Jesus looks forward to the highly anticipated comeback on stage of his Carlos Palanca Award-winning play, ATENG. The play will be performed at the Rampa Drag Club in Tomas Morato Extension, Quezon City, from Nov. 14 to Dec. 7 (every Friday, Saturday, and Sunday).

time to read

4 mins

November 14, 2025

Manila Bulletin

170 Filipinos in scam hubs awaiting repatriation

Some 170 distressed Filipinos are still awaiting repatriation from scam hubs in Southeast Asia, the Department of Foreign Affairs (DFA) said on Wednesday, Nov. 12.

time to read

1 min

November 14, 2025

Manila Bulletin

As it was in the days of Noah...

Jesus compares the days of the Son of Man with the two catastrophic events in Genesis, namely: (1) the days of Noah when the people were carefree, enjoying life without due regard to God, and then the Deluge came; and (2) the days of Lot, when people were so violent and immoral, and then fire and brimstone destroyed their cities of Sodom and Gomorrah.

time to read

1 mins

November 14, 2025

Manila Bulletin

3,000 schools damaged, 1 million learners affected by 'Uwan' - DepEd

The Department of Education (DepEd) on Wednesday, Nov. 12, confirmed massive disruptions to education in Northern and Central Luzon following the onslaught of super typhoon “Uwan,” which caused widespread damage to schools and displaced hundreds of thousands of learners and teachers.

time to read

1 mins

November 14, 2025

Manila Bulletin

Christmas finds its home in Crosswinds Tagaytay

There’s something quite magical about spending Christmas in the uplands.

time to read

2 mins

November 14, 2025

Manila Bulletin

Young coffee farmer uses earnings to buy land, continue his studies

Last week, I wrote about Elizabeth Javier, one of 3,000 coffee farmers who were part of Project Coffee++, a three-year program under Nestle Philippines and German agency for cooperation GIZ that aimed to help coffee farmers in Bukidnon and Sultan Kudarat “improve productivity, uplift their economic situation and achieve climate resiliency.”

time to read

3 mins

November 14, 2025

Manila Bulletin

Police confirm charges vs Barzaga

The Philippine National Police-Criminal Investigation and Detection Group filed two criminal charges against Cavite fourth district Rep. Francisco Barzaga.

time to read

1 mins

November 14, 2025

Manila Bulletin

MPTC offering maiden bonds

Tollway operator Metro Pacific Tollways Corp. (MPTC) is raising as much as P20 billion from its maiden issuance of bonds to provide additional funding for the ongoing construction of several major projects.

time to read

1 mins

November 14, 2025

Listen

Translate

Share

-
+

Change font size