Peso closes at new record low of P62.59 vs dollar
MANILA, Philippines — The Philippine peso closed at a new record low of P62.59 against the US dollar on Friday, weakening by 7 centavos from Thursday’s P62.52 finish, after briefly regaining ground a day earlier following a record-low close on Wednesday. The local currency opened at P62.43 and traded between P62.335 and P62.65 during the session.
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