The future of the peso: Crisis or comeback?

Quick Summary:

I) Why will the peso lose strength?

As of February 14, 2025, the peso was seen at P57-P57.50 per dollar, but analysts from Maybank Research forecast a continued decline, with projections suggesting the peso could weaken to P60 in Q1, P63 mid-year, and end the year at P61.

The primary causes of this anticipated weakness are global economic uncertainties, particularly U.S.trade policies, as well as domestic issues eroding investor confidence.

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Article Details

Author / Journalist: Henry Go

Category: BusinessStartups

Markets: PhilippinesChina

Topics: Opinion Column

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 16:01:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1087 words

Reading Time: 7 minutes read

Sentences: 45 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 26354862

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Year Established: 2005

Headquarters: Philippines

News Last Updated: 1 days ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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