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USD/PHP: Philippines Intervened in Small Way to Defend Peso, BSP Governor Says
The Philippine central bank intervened in a small way to defend the peso as it weakened to a record low, according to Governor Eli Remolona.
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Adjacent reporting
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- PHP/USD: Philippine Peso Falls to Fresh Record Low as Oil Advances
- PHP/USD: Philippine Peso Declines to Match Record Low on Higher Oil Prices
- Philippine Peso at 63.50 Per Dollar Might Be Okay, Governor Says
- Peso Slump Prompts Philippines to Warn Against Forex Speculation
- Philippines’ BSP Flags Bold Rate Move to Stay Ahead of Inflation