Philippine Stocks Edge Lower as Peso Hits Record Weakness Against Dollar
The benchmark index slipped 0.03 percent as traders weighed fresh US tariffs, oil prices above $100 per barrel, and the peso's decline to 61.847 per dollar.
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The benchmark index slipped 0.03 percent as traders weighed fresh US tariffs, oil prices above $100 per barrel, and the peso's decline to 61.847 per dollar.

Senior ministers respond to social media backlash after foreign capital flight and rupiah depreciation sparked investor sentiment shift in June

Foreign investors pulled out P655 million as geopolitical tensions and domestic wage pressures weigh on market sentiment

Metro Manila's 12% minimum wage increase and peso depreciation create a challenging environment for the central bank's inflation targeting

Currency hits one-month low as Iran shuts critical shipping route, pushing oil prices up 3% and widening India's trade deficit to $30.4 billion in June

TCS, Infosys and HCL lead late-morning rebound as Nifty 50 erases opening losses triggered by Iran tensions and oil price jump