Philippine peso breaches ₱62 per dollar for first time, hits record low

MANILA, Aug 28 (PROFITECH) — The Philippine peso weakened past 62 to the U.S. dollar for the first time on Friday, opening at 62.05 and falling as far as 62.25 in early Manila trading as inflation concerns and a stronger dollar pressured the currency. Bankers Association of the Philippines data showed the peso opened at […]