Peso drops further due to Middle East conflict

THE PESO dropped further against the dollar on Tuesday, moving closer to the P57 level, amid the worsening conflict in the Middle East. The local unit closed at P56.905 per dollar, weakening by eight centavos from its P56.825 finish on Monday, Bankers Association of the Philippines data showed. This was the peso’s lowest close in […]

Peso drops further due to Middle East conflict
THE PESO dropped further against the dollar on Tuesday, moving closer to the P57 level, amid the worsening conflict in the Middle East. The local unit closed at P56.905 per dollar, weakening by eight centavos from its P56.825 finish on Monday, Bankers Association of the Philippines data showed. This was the peso’s lowest close in […]