Try GOLD - Free
Peso may be range-bound as market eyes Fed, BSP reviews
Business World Philippines
|December 08, 2025
THE PESO is expected to move sideways against the dollar this week ahead of expected rate cuts by both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).
On Friday, the local unit closed at P58.935 per dollar, rising by 8.7 centavos from its P59.022 finish on Thursday, data from the Bankers Association of the Philippines showed.
Week on week, however, the peso fell by 29 centavos from its P58.645 close on Nov. 28.
“The dollar-peso initially rallied following release of lower-than-expected inflation rate, supporting bets of a BSP rate cut next week. But profit taking pulled the pair ahead of US data tonight,” a trader said in a phone interview on Friday.
Headline inflation slowed to 1.5% in November from 1.7% the month prior and 2.5% in the same month in 2024, the Philippine Statistics Authority reported on Friday.
This was a tad below the 1.6% median estimate in a Business-World poll of analysts and was within the BSP’s 1.1-1.9% forecast for the month.
The November print brought the 11-month average to 1.6%, lower than the central bank’s 1.7% full-year forecast and 2-4% annual target.
This story is from the December 08, 2025 edition of Business World Philippines.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business World Philippines
Business World Philippines
FIT TO A T
The Jetour T1 Lightning i-DM looks like a Bronco, feels like an X5
3 mins
December 15, 2025
Business World Philippines
Filipinos with multiple myeloma deserve a more holistic healthcare system
Every year, an estimated 932 Filipinos are diagnosed with multiple myeloma, a cancer of the blood that develops in plasma cells found in the bone marrow. Plasma cells are a type of white blood cell responsible for producing antibodies that help the body fight infection.
3 mins
December 15, 2025
Business World Philippines
New fish import rules aim for digital traceability, IUUF enforcement boost
THE Department of Agriculture said its new rules for importing fish and fishery products will introduce digitized supply chain traceability and strengthen safeguards against illegal, unreported, and unregulated fishing (IUUF).
1 min
December 15, 2025
Business World Philippines
Garment, textile growth seen at 2-5% in 2026 amid US tariff concession hopes
EXPORTS of garments, textiles, and apparel are expected to grow between 2% and 5% next year as the government negotiates a lower tariff with the US and as the industry explores new markets.
1 mins
December 15, 2025
Business World Philippines
Generational Money Mindsets: Spending, Saving, and Investing
How Filipinos across generations are redefining what “money” means to them
5 mins
December 15, 2025
Business World Philippines
Growth in big banks' assets, loans slowed sharply in Q3
THE PHILIPPINES' largest banks saw the weakest asset growth in over three years in the third quarter as the flood control mess weighed on economic activity.
3 mins
December 15, 2025
Business World Philippines
T-bill rates may drop on BSP cut
RATES of the Treasury bills (T-bills) on offer this week could end slightly lower after the Bangko Sentral ng Pilipinas (BSP) lowered borrowing costs again and with the US Federal Reserve’s policy path still uncertain.
2 mins
December 15, 2025
Business World Philippines
Debt yields rise as BSP easing cycle nears end
YIELDS on government securities (GS) traded in the secondary market mostly rose last week after the Bangko Sentral ng Pilipinas (BSP) signaled an imminent end to its easing cycle.
2 mins
December 15, 2025
Business World Philippines
Winford Manila kicks off holidays in 'full bloom'
THE HOLIDAY FESTIVITIES have fully bloomed at Winford Resort & Casino Manila, with the lighting of its Christmas tree (in photo) and the launch of Flourish in Full Bloom art exhibit by the University of the Philippines College of Fine Arts Alumni Association, Inc. (UPCFAAAI).
1 min
December 15, 2025
Business World Philippines
Xin Tian Di bags triple win at World Luxury Restaurant Awards 2025
CROWNE PLAZA Manila Galleria & Holiday Inn & Suites Manila Galleria celebrate excellence in authentic Chinese dining as its signature Chinese restaurant, Xin Tian Di, has achieved a triple victory at the prestigious 2025 World Luxury Awards, earning the distinctions of Best Chinese Cuisine in Asia, Best Authentic Cuisine in the Philippines, and Best Head Chef in the Philippines for Executive Chef David Chu.
1 min
December 15, 2025
Listen
Translate
Change font size