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Why Is the Philippine Peso So Weak and Who Benefits?
(Bloomberg) -- The Philippine peso fell to its weakest level ever against the US dollar in late October. While it’s since regained some ground, officials have signaled a tolerance for further ...
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The Philippine peso fell to a record low as traders viewed comments from the nation’s central bank as dovish. The peso fell as much as 0.2% to 59 per dollar on Thursday, a level it last touched in ...
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Peso plunges deeper to new historic low, closes at P61.567:$1
The Philippine peso crashed deeper to its weakest level against the US dollar on Wednesday, following continued hedging by ...
The Philippine peso once again slumped to a fresh record low during the intraday trading on Thursday, still due to hedging ...
GMA Network on MSN
Peso falls to new record low vs. dollar at P61.62:$1 on intraday trading
The Philippine peso touched another historic low against the greenback during the intraday trading on Wednesday, on continued hedging activities by importers which require more US dollars. The local ...
THE Philippine peso is approaching levels “difficult to manage given current resources,” an analyst warned, as the local ...
The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights ...
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