Latest Breaking News On - Regina capital development corporation - Page 34 : comparemela.com

RISK-OFF. Further hike in the Federal Reserve's key rates by another 75 basis on Sept. 21, 2022 further dampened investors' sentiment on currencies and bourses. This resulted in the negative finish for both the Philippine peso and the local stock barometer on Thursday (Sept. 22, 2022). (PNA graphics) MANILA - Both the Philippine peso and the main equities index finished Thursday down, with the local unit registering a fresh all-time low, following the widely expected 75 basis points increase in the Federal Reserve's key rates. The local currency posted another record-low against the US dollar at 58.49, erasing its record 58.00 finish on Wednesday. It opened the day at 58.1, sideways from its 57.7 start in the previous session. It traded between 58.5 and 58.00, resulting in an average of 58.406. Volume reached USD1.51 billion, up from the previous session's USD1.05 billion. Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said the peso has wea

San carlosNegros occidentalUnited statesMichael ricafortLuis limlinganRizal commercial banking corporationHolding firmsRegina capital development corporationMarket committeeFederal reservePhilippine stock exchangeCommercial banking corporationFederal open market committeeWest texas intermediateRisk off further hike in the federal reserve 39s key rates by another 75 basis on sept 21022 further dampened investors 39 sentiment on currencies and bourses this resulted in the negative finish for both philippine peso local stock barometer thursday sept 22