(Bloomberg) -- The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness. The peso dropped as much as 0.5% ...
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Why Is the Philippine Peso So Weak and Who Benefits?
(Bloomberg) -- The Philippine peso fell to its weakest level ever against the US dollar in late October. While it’s since regained some ground, officials have signaled a tolerance for further ...
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