Peso poised to hit record low amid strong dollar surge

Peso poised to hit record low amid strong dollar surge

[Cebu Daily Mail] - 01/9/2025

The Philippine peso may fall below the 59:$1 mark in the second quarter of 2025, reaching a new record low as Asian currencies weaken due to the strong US dollar. HSBC Global Research economist Aris Dacanay told reporters on Wednesday that the “king dollar” trend is likely to continue this year, (…)



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