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Philippine peso P62.52

Latest Daily Tribune news and analysis on Philippine peso P62.52.

  2. MALACAÑANG is urging the Bangko Sentral ng Pilipinas to ‘intervene when necessary’ to ease foreign exchange volatility. Global oil prices pushed the peso over the P62 per US dollar level for the first time in history last Friday. This has eased, however, following comments by US President Donald Trump that he does not see recent US bombing against Iran to continue much longer.

    Palace asks BSP to intervene in forex volatility

    ‘We expect the BSP to act decisively based on available data and intervene when necessary to reduce exchange rate volatility. The administration’s approach is…

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