A weak peso and the hidden cost borne by overseas Filipinos
A Philippine 20-peso coin is seen among other denominations. As the peso falls to historic lows, the impact is felt far beyond currency markets, pushing up daily costs at home…
Tag: inflation philippines
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Peso slips past ₱58 per dollar as corruption fears weigh on confidence
The Philippine peso slipped past ₱58 per US dollar as flood-control corruption fears and US dollar strength shook investor confidence, raising inflation risks but boosting OFW remittances. MANILA — The Philippine…