US EditionPeso to weaken vs. US dollar as Philippine economic fundamentals slip—ING
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Peso to weaken vs. US dollar as Philippine economic fundamentals slip—ING
Dutch financial giant ING expects the Philippine peso to depreciate against the United States (US) dollar in the near term as the US President Donald Trump-led global trade war rages on and the domestic economy weakens."We look for the Singapore dollar and Philippine peso to underperform in a region wholly involved in Trump's trade war," ING said in an April 16 report.This would reverse gains made by the peso against the US dollar since Trump's …
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