Philippine peso weakens further to 60.748:$1

MANILA, Philippines — The Philippine peso tumbled to a new record low on Tuesday as the US dollar gained amid the ongoing Middle East war. READ: Peso sets record low finish of 60.69 vs dollar The local currency fell 5.8 centavos to close at 60.748 against the greenback. The latest exchange rate surpassed Monday’s previous record of 60.69.  Tuesday’s intraday low touched 60.75. READ: Attacks across Middle East as Iran war enters second month Trading volume slipped to $1.6 billion from $2 billion in the prior session, signaling thinner market activity. INQ... Keep on reading: Philippine peso weakens further to 60.748:$1

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