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Philippine Peso Slides to Record Low Against US Dollar
The Philippine peso has fallen to a new record low, breaching the 61-per-dollar level, driven by persistent global headwinds and strong demand for the US dollar.
28 Apr, 12:09 — 28 Apr, 16:00
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
Rappler
Center1
Center (1)
philstar
Right
Far R
Geographic diversity— 1 region4/34
Philippines2
ℹAll sources from Philippines region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
RapplerMostly Factual1d ago
Philippine peso sinks to new record-low of P61 vs US dollar
The depreciation of the peso may be seen as a win for dollar earners, but it also makes imports such as oil and food more expensive since these are often paid for in US dollars
By Tatiana Maligro
Read full article →philstarMostly Factual1d ago
Peso slides to record low, closes at 61.30:$1
The peso sank to a fresh record low yesterday, breaching the 61-per-dollar level for the first time as persistent global headwinds and firm dollar demand continued to pressure the local currency.
By Keisha Ta-Asan
Read full article →Coverage Timeline
First report: Rappler · 28 Apr, 12:09|Full coverage: 2 · 4h|Window: 4h
Left-leaningCenterRight-leaning
