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Peso may drop to new lows amid fading US-Iran peace prospects - BusinessWorld Online
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1 Articles
Peso may drop to new lows amid fading US-Iran peace prospects - BusinessWorld Online
THE PESO could slide further against the dollar and even test new record lows as the escalating Middle East conflict’s impact on global crude oil prices threatens the Philippines’ inflation outlook. On Friday, the local unit closed at a fresh three-week low of P60.70 against the dollar, weakening by 22 centavos from its P60.48 finish on Thursday, Bankers Association of the Philippines (BAP) data showed. Week on week, the peso fell by 66.5 centav…
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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