Topic

peso-dollar exchange rate impact

Latest Daily Tribune news and analysis on peso-dollar exchange rate impact.

  1. ANoil tanker stalled in Middle East waters following the pronouncement of Iran that it has closed the Strait of Hormuz, 28 February, which can result to fuel price spikes, particularly to oil-importing nations, including the Philippines.

    Iran assaults seen to pressure peso, oil prices

    ‘We’ll see by tomorrow when the markets reopen, but there could be some bargain-hunting to hedge requirements as a matter of prudence, until the dust settles.’

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