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Finance & Markets

‘Peso recovery hinges on lower oil prices’

The peso may find temporary relief from easing oil prices and stronger holiday remittances, but a sustained recovery remains unlikely unless crude prices fall below $70 per barrel and the country’s external deficits narrow, according to Bank of America and Citi.

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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