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The peso retreated to the 58-level on Thursday, suffering its steepest single-day fall in nearly three years, following the US Federal Reserve’s decision to keep interest rates steady. The local unit ...
Worries about the impact of higher tariff on Philippine exports continue to affect investors’ sentiment as seen on the local ...
Philippine stocks fell below 6,300, and the peso weakened to 58.32 against the US dollar as the 19% US tariff looms.
Philippine share prices plunged Wednesday, with the main index falling 1.89 percent as investors reacted negatively to hotter ...
The peso sank deeper into the 57:$1 level on Thursday, as the dollar gained strength after US President Donald Trump had said he won't fire Federal Reserve chair ...