The Manila Times•19h ago
philippinesbusiness📍 metro manila

Palace links peso’s fall to P63 per dollar to Middle East conflict, El Niño

MANILA, Philippines — Malacañang cited geopolitical tensions, looming effects of the El Nino, and political noise in the depreciation of the Philippine peso’s value. This comes after the Philippine peso slid to a new historic low of P63 against the US dollar. In a press briefing, Palace Press Officer

Palace links peso’s fall to P63 per dollar to Middle East conflict, El Niño
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