Peso slumps to new record low of 62.59 vs greenback

Inquirer.net 3 h Philippines

MANILA, Philippines — The Philippine peso fell to a new record low on Friday, as a strong US dollar, elevated Treasury yields and political uncertainty at home overshadowed the good signs of easing inflation. The peso lost 7 centavos from its prior close to cap a volatile trading week at 62.59 versus the greenback, a

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