Peso drops anew to 60 level against US dollar

MANILA, Philippines — Just a day before it had regained ground, the Philippine peso slipped back to 60 per US dollar.  This marked another bout of volatility for the local currency amid the escalating Middle East war. READ: Peso sinks deeper into 60-level, sets new record low The peso closed at 60.10 against the greenback, down 15 centavos from its previous finish of 59.95. It matched the level seen on March 19, which marked the first time that the peso had breached the key psychological barrier of 60. The weaker peso comes a day after President Ferdinand Marcos Jr. declared a […]... Keep on reading: Peso drops anew to 60 level against US dollar

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