
Philippine Peso Hits Record Low of P60.82 Against US Dollar
The Philippine Peso depreciated to a new historic low on Monday, trading at P60.82 against the US dollar.
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The Philippine Peso depreciated to a new historic low on Monday, trading at P60.82 against the US dollar.

The Philippine peso has breached the P60 to the dollar mark, serving as a reminder to the Marcos administration that macroeconomic management requires more than temporary solutions and populist measures.

The Philippine peso has reached a new record low, falling past 60 per US dollar, a depreciation attributed to factors such as surging oil prices.
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The Philippine Peso has hit a record low, leading to increased gains for Filipino expatriates sending money home from the UAE.

The Philippine peso has fallen to an unprecedented P60 to $1, marking a new all-time low against the US dollar.
The Philippine Peso has fallen past the crucial 60-per-dollar level, attributed to ongoing oil price risks.
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The Philippine peso has fallen to a new record low against the dollar, sliding past the 60-per-dollar threshold, as geopolitical tensions continue to strengthen the greenback. Milder oil price hikes are also anticipated on March 24.

'A weak peso is bad news for importers, because imported goods become more expensive. This is especially bad now that oil prices globally are spiking,' says Rappler's resident economist JC Punongbayan

The Philippine peso fell to a record P59.87 per dollar on March 16 amid Middle East tensions affecting global oil markets.

South Korean stocks opened higher Friday despite overnight losses on Wall Street caused by increased geopolitical risks and market uncertainties. The benchmark Korea Composite Stock Price Index added