Philippine peso, Indonesia rupiah fall most among tepid Asian currencies
4 Articles
4 Articles
Peso sinks to new record low
MANILA, Philippines — The Philippine peso closed at an all-time low of P63.95 against the US dollar on Monday.The peso weakened by 33 and a half centavos to P63.95 from the previous record low of P63.615:$1. This marks the fifth consecutive trading day that the peso has hit a record low.It opened at P63.535 and traded between P63.5 and P63.95:$1. The volume reached P1.648 billion, higher than the previous P1.284 billion
Philippine Peso hts historic lows for four consecutive days
Historic back-to-back-to-back-to-back all time low for the Philippine peso. The Philippine peso plunged to unprecedented levels, recording four consecutive all-time lows in a week due to continued external pressures and strong demand for the US dollar. The peso’s downward trend began on Monday, October 19, when it closed at ₱63.09 against the US dollar, 10.5 […]
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