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Peso declines vs dollar as gov t debt stock climbs

Peso declines vs dollar as gov’t debt stock climbs BusinessWorld 1 hr ago © Provided by BusinessWorld THE PESO dropped versus the dollar on Thursday as the government’s debt stock climbed further as of April. BW FILE PHOTO © Provided by BusinessWorld THE PESO dropped versus the dollar on Thursday as the government’s debt stock climbed further as of April. BW FILE PHOTO THE PESO weakened against the dollar on Thursday as the National Government’s debt climbed further as of April amid increased borrowings due to the pandemic. The local unit closed at P47.825 versus the dollar on Thursday, inching down by half a centavo from Wednesday’s finish of P47.82, data from the Bankers Association of the Philippines’ website showed.

Vaccine rollouts, coronavirus surge, and stricter lockdowns: Financial markets on a spin in first quarter

Vaccine rollouts, coronavirus surge, and stricter lockdowns: Financial markets on a spin in first quarter
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Gov t borrowings inch up in April – Manila Bulletin

Borrowings of the Duterte administration inched up in April as the government tapped more foreign creditors to finance its coronavirus response, data from the Bureau of the Treasury showed. Gross borrowings of the national government increased by 3.5 percent to P271.95 billion in April this y

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