INQToday: Peso sinks to record low 60.55:$1 as war fears linger

Here’s a quick roundup of today’s top stories: Peso sinks to record low 60.55:$1 as war fears linger The Philippine peso slides to a fresh record low at the end of a volatile week as fading hopes for de-escalation if the Iran war drove investors toward the US dollar. Marcos: Repeal of oil deregulation law not off table President Bongbong Marcos says “nothing is being discounted” in relation to proposals to repeal the oil deregulation law and remove value-added tax on fuel imports, but the government’s focus right now are immediate solutions to the impacts of rising fuel prices caused […]... Keep on reading: INQToday: Peso sinks to record low 60.55:$1 as war fears linger

Go to News Site