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The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 54.1 in May, down from April's 54.3. Philippines: Manufacturing PMI deteriorates, but remains in expansionary territory, in May.Philippines: Inflation rises in May to highest level since November 2018Ĭonsumer prices recorded 0.53% growth over the previous month in May, which was lower than April's 0.98% increase.Inflation rose to 5.4% in May from April’s 4.9%.USD Coin (USDC) is on a upward monthly trajectory as it has increased 0.8 from 52.56 since 1 month (30 days) ago.
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PHP - Philippine Peso PKR - Pakistani Rupee PLN - Polish Zloty PYG - Paraguayan Guaraní. Convert USDC to PHP (USD Coin to Philippine Peso) USDC to PHP rate today is 52.99 and has increased 0.1 from 52.96 since yesterday. Merchandise exports climbed 6.0% in annual terms in April (March: +5.9% year-on-year). From : USD - United States Dollar Major Minor Exotic. Philippines: Merchandise exports rise at a quicker pace in April.Remittances came in at USD 2.4 billion in April, reflecting a 3.9% year-on-year rise, following March's 3.2% year-on-year increase. Philippines: Remittances rise in April at fastest rate since November 2021.Next year, the panel sees the currency trading at 48.5 PHS per USD. rates, pushing capital out of emerging markets into dollar-based assets.įocusEconomics Consensus Forecast panelists expect the Philippine peso to end this year at 48.1 PHP per USD. Lastly, on 11 November Southeast Asia’s markets were hit as a side-effect of Donald Trump’s victory in the US presidential election, due to growing consensus that his fiscal stimulus and massive infrastructural investment programs will push up inflation and U.S. In addition, foreign selling of Philippine stocks increased on the back of market concerns over policy uncertainty surrounding Rodrigo Duterte’s administration. On the other hand, the current account surplus in the Philippines has been narrowing, as remittances growth slowed in the second half of this year compared to the strong growth rates observed in past years. dollar is strengthening on the back of rising expectations of a Fed rate hike sometime soon. On the one hand, it reflects that the U.S. The recent depreciation of the peso has been driven by several factors. The currency has lost 4.3% of its value since the beginning of the year. US Dollar to Philippine Peso exchange rate decreased 0.01 to 52.9577 from previous day. This was 0.4% weaker than on the same day of the previous month and 4.0% weaker on an annual basis. On 11 November, the currency traded at 48.96 PHP per USD, the weakest value since 29 April 2009. dollar, continuing a trend that began in early August. In November, the Philippine peso (PHP) weakened against the U.S. The cash rate (Policy Rate: Month End: Overnight Lending Facility) was set at 2.750 % pa in May 2022.Philippines - Exchange Rate Peso weakens to over seven-year low.Its Long Term Interest Rate (Long Term Interest Rate: Month End: Philippines: PDS Treasury Reference Rate 2: 10 Years) was reported at 7.235 % pa in Sep 2018.In the latest reports, Philippines Short Term Interest Rate: Month End: Treasury Bill Rate: 91 Days was reported at 1.485 % pa in May 2022.The data reached an all-time high of 56.341 in Oct 2004 and a record low of 2.000 in Jan 1962.īangko Sentral ng Pilipinas provides monthly average Exchange Rate against USD.Philippines Exchange Rate against USD data is updated monthly, available from Jan 1945 to May 2022.Philippines Exchange Rate against USD averaged 52.362 (PHP/USD) in May 2022, compared with 51.976 PHP/USD in the previous month.Key information about Philippines Exchange Rate against USD 1945 - 2022 | Monthly | PHP/USD | CEIC Data