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PHP/USD: Marcos Confident Central Bank to Act on Weak Peso, Official Says

Bloomberg Markets Thursday 23 July 2026, 08:29 UTC By Cliff Venzon 1 min read
Key Points

Marcos Confident Philippine Central Bank to Act on Weak Peso, Official Says Philippine President Ferdinand Marcos Jr. is confident that the central bank will act decisively on the peso, which weakened to the record low, according to the president’s press officer. “We remain confident that the Bangko Sentral ng Pilipinas is closely monitoring market conditions and will act decisively based on available data,” Presidential Communications Office Undersecretary Claire Castro said in a...

Marcos Confident Philippine Central Bank to Act on Weak Peso, Official Says Philippine President Ferdinand Marcos Jr. is confident that the central bank will act decisively on the peso, which weakened to the record low, according to the president’s press officer. “We remain confident that the Bangko Sentral ng Pilipinas is closely monitoring market conditions and will act decisively based on available data,” Presidential Communications Office Undersecretary Claire Castro said in a mobile-phone response to questions Thursday.
PHP/USD (ORG) Marcos Confident Central Bank (ORG) Marcos Confident (PERSON) Philippine Central Bank (ORG) Philippine (ORG) Ferdinand Marcos Jr. (PERSON) Bangko Sentral (LOCATION) ng Pilipinas (PERSON) Presidential Communications Office (ORG) Claire Castro (PERSON)
Originally published by Bloomberg Markets Read original →

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