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Peso weakens to record low 63.52:$1

The peso weakened past the 63.50-per-dollar level yesterday, setting another record low even after the Bangko Sentral ng Pilipinas (BSP) delivered a larger-than-usual interest rate hike before the foreign exchange market closed.

We haven't written up this one. Philippine Star Business has the full story — the link below goes straight to it.

Read the original at philstar.com →

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