Manila Bulletin·3 min read·hard
Peso hits all-time low of ₱61.847 per US dollar
D
Derco Rosal
✦AI Summary
The Philippine peso hit a record low of 61.847 against the US dollar on Friday, driven by global energy costs and geopolitical tensions. Economists warn that the currency could face further pressure if oil prices continue to rise, prompting government concerns over energy security.
Manila Bulletin - Peso hits all-time low of ₱61.847 per US dollar
economybusiness
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