Record low: Peso hits 60.777:$1 on fears of prolonged Middle East war

MANILA, Philippines — The peso slid to a fresh record low on Monday morning, pressured by a surging dollar as fears of a prolonged Middle East conflict spurred a flight to safety. The currency opened at 60.55 per dollar before weakening to an intraday low of 60.777. The greenback extended its rally on concerns over a potential ground offensive by the US and the entry of Yemen’s Iran-aligned Houthis into the conflict. /dda... Keep on reading: Record low: Peso hits 60.777:$1 on fears of prolonged Middle East war

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