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Peso Holds at P59:$1 as Markets Await Fed, BSP Rate Cuts

December 10, 2025

The Philippine peso remained parked at the P59-to-$1 level on Wednesday as markets positioned ahead of anticipated interest rate cuts from both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve. The local currency closed at P59.21:$1, edging slightly stronger than Tuesday’s P59.22:$1, though still matching its weakest…

Signal No. 1 up in parts of PH as Severe Tropical Storm ‘Uwan’ nears PAR

November 7, 2025

MANILA, Philippines — The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, November 7, raised Tropical Cyclone Wind Signal (TCWS) No. 1 over parts of Luzon, Visayas, and Mindanao as Severe Tropical Storm Fung-Wong, locally named “Uwan,” moves closer to the Philippine area of responsibility (PAR). In its…