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Tag

trade deficit

2 articles

Philippine Peso's Structural Weakness Deepens as BSP Abandons Reserve Defense
Research & Analysis36d ago
Philippine Peso's Structural Weakness Deepens as BSP Abandons Reserve Defense
The peso hit a record low of 62.77 per dollar as the central bank shifts strategy, acknowledging that defending reserves is futile amid a 29% widening trade deficit and $103 billion in reserves.
India's July Trade Deficit Widens to $31.98 Billion on Import Surge
Research & Analysis60d ago
India's July Trade Deficit Widens to $31.98 Billion on Import Surge
Inbound shipments climbed $5.38 billion from June, outpacing export growth and pushing the goods trade gap past the $30.20 billion economist consensus.