Tuesday 20 November 2018
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rappler - 5 month ago

Philippine peso breaches P53 to $1 level, falls to 12-year low

MANILA, Philippines – The Philippine peso has breached the P53 to $1 level, falling to a 12-year low as markets anticipated the US Federal Reserve to announce another interest rate hike. The peso closed at P53.23 on Wednesday – its weakest level since closing at P53.55 to $1 on ...

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