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February 3 – Agriculture Secretary Francisco Tiu Laurel Jr. declares a food security emergency on rice due to rising prices. [16]February 4 – Anwar Saluwang, the mayor of Nabalawag in the Special Geographic Area of Cotabato, is arrested in Davao City for violating a nationwide gun ban imposed as part of the 2025 Philippine general election.
The Philippine peso has since traded versus the U.S. dollar in a range of ₱24–46 from 1993 to 1999, ₱40–56 from 2000 to 2009, and ₱40–54 from 2010 to 2019. The previous 1903–1934 definition of a peso as 12.9 grains of 0.9 gold (or 0.0241875 XAU) is now worth ₱2,266.03 based on gold prices as of November 2021.
The spot date is day T+1 if the currency pair [1] is USD/CAD, USD/TRY, USD/PHP or USD/RUB. In this case, T+1 must be a business day and not a US holiday. If an unacceptable day is encountered, move forward one day and test again until an acceptable date is found. The spot date is day T+2 otherwise. The calculation of T+2 must be done by ...
The British pound continues to rally quite drastically against the Japanese yen, in a move that has been very parabolic.
The average forecast for the group tends to predict the S&P 500 climbing by about 10%, which is in line with historical averages. After two years of above-average gains , an average year is what ...
The Philippines, one of the world's biggest rice importers, had been under pressure to boost its stocks of the grain even before Typhoon Mangkhut struck, with soaring retail prices helping to push ...
The forward exchange rate (also referred to as forward rate or forward price) is the exchange rate at which a bank agrees to exchange one currency for another at a future date when it enters into a forward contract with an investor.
Prediction: Mortgage Rates Will Drop Before 2025. Maurie Backman, The Motley Fool. July 30, 2024 at 4:00 PM. Folded currency bills in the shape of a house. Image source: Upsplash/The Motley Fool.