Tariffs hit Mexican peso as U.S. risks shield other emerging market currencies
The Mexican peso slumped after US President Donald Trump imposed new import tariffs against the country, though other developing-nation currencies held their own amid concerns about the impact of the escalating trade war on growth in the world’s largest economy.
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Peso seen as more resilient amid uncertaintyThe peso is expected to outperform its regional peers despite a stronger dollar, as the country benefits from high interest ...
THE PESO surged to a near three-month high on Tuesday as the dollar was weaker due to market worries over the US economy’s health, and before the release of February Philippine inflation data. The ...
German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially ...
THE Philippine peso faces bearish pressure as the central bank’s dovish policy stance and widening current account deficit are seen to further weaken the currency. Analysts at BofA Securities Inc.
THE PESO appreciated against the dollar on Monday on expectations that Philippine headline inflation slowed in February. The local unit closed at P57.90 per dollar on Monday, strengthening by 9.5 ...
The Bangko Sentral ng Pilipinas may start easing its stance in defending the peso by the second half of the year to allow ...
The Canadian dollar and Mexican peso slumped after President Donald Trump affirmed the launch of 25% tariffs on products from ...
THE PHILIPPINE PESO could sink to as low as P62 per dollar this year as a dovish central bank and increased liquidity in the financial system weigh on the currency, Bank of America (BofA) Global ...
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