Peso may further depreciate to 60 vs $1 territory in 2025

Peso may further depreciate to 60 vs $1 territory in 2025

[Inquirer.net] - 12/23/2024

The Philippine peso may hit the 60:$1 level next year as the king dollar’s supremacy would likely continue, although its pass-through effect would unlikely result in another breach of the Bangko Sentral ng Pilipinas’ (BSP) inflation target, Bank of America (BofA) said. Vincent Valdepeñas, (…)



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