Dollar-Peso Exchange Rate

USD/PHP prices continue to surge, with the local pair closing another 12.5 centavos higher at Php51.530. US data disappointed last night, with Building Permits coming out below market expectation, but poor US print was shrugged off by the market. USD/PHP market was immediately well bid as market players continue to buy the pair on any dips. Corporate demand seen yesterday also persisted today allowing USD/PHP to close at the intraday high of Php51.530. BSP Governor Espenilla also came out with a statement that he wants to reduce the reserve requirement “to single digits”.                         

    19-Oct-17   18-Oct-17
         
OPEN:   51.430   51.370
HIGH:   51.530   51.425
LOW:   51.380   51.350
CLOSE:   51.530   51.405
         
AM WT AVERAGE: 51.434   51.385
AM VOLUME (in millions):  $        212.50    $        344.40
         
PM WT AVERAGE: 51.481   51.392
PM VOLUME(in millions):  $        353.20    $        153.20
         
PDS WT AVERAGE: 51.463   51.387
TOTAL VOLUME(in millions):  $        565.70    $        497.60

Local Government Securities Market

Activity was still very limited for the local bond market as players remained sidelined while waiting for more leads.  Reports of Trump likely making his pick for the next Fed chair before his Nov. 3 Asia trip have put bond investors on hold. Total trades for the day was just at Php 8.5 Bn.
We may expect more of the same quiet activity as the week comes to a close. US Unemployment claims data scheduled for release at 9:30pm Thursday night is expected to just inch down to 240k vs. 243k previously.

 

 

 

 

 

 

 

 

 

 

Dollar-Peso Exchange Rate
19 Oct 2017 16:00

USD/PHP prices continue to surge, with the local pair closing another 12.5 centavos higher at Php51.530. US data disappointed last night, with Building Permits coming out below market expectation, but [ ... ]

Local Government Securities Market
19 Oct 2017 16:00

Activity was still very limited for the local bond market as players remained sidelined while waiting for more leads.  Reports of Trump likely making his pick for the next Fed chair before his Nov. 3 [ ... ]

1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com/ and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it.If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keepyour device virus-free. Make sure you have an updatedanti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit theSafe Surfing Guidelinespage or call our 24-hour Customer Support at (02)8418600.