Fears of drawn-out Middle East war sinks peso to new record low

MANILA, Philippines — The Philippine peso started the trading week plummeting past the 60.8 level to a fresh intraday record low, overpowered by a rallying US dollar amid growing investor fears of a drawn-out war in the Middle East. The latest bout of depreciation has fueled concerns that the currency could weaken toward the 61 […]... Keep on reading: Fears of drawn-out Middle East war sinks peso to new record low

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