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MANILA, Philippines — Bargain hunters came to the local bourse’s rescue yesterday following last Friday’s massive sell-off, while the peso bounced back to the 58-level against the dollar amid improved ...
Peso struggles near three-year lows as weak growth and dollar strength fuel volatility Dubai: The Philippine peso continued to struggle this month, trading between 15.87 and 16.05 against the dirham ...
MANILA, Philippines – The Philippine peso fell to a new record low on Wednesday, as investor confidence continued to be rattled by a widening corruption scandal at home that has already taken a toll ...
A staff member counts dollars at a currency-exchange booth inside the Ninoy Aquino International Airport in this file photo. THE Philippine peso weakened to an all-time low of P59.17 against the US ...
THE PESO fell to a new all-time low against the dollar on Wednesday as the dollar was buoyed by hopes of the US government reopening, while the local unit was dragged by expectations of slower growth.
The Philippine weakened for the second straight trading day on Wednesday to carve a fresh record-low, dragged by political noise and the appreciation of the US dollar against most global currencies.