Home » Blog » Peso plunges to P55:$1 levelon June 29, 2022 at 6:01 pm on June 29, 2022 at 6:01 pm

Peso plunges to P55:$1 levelon June 29, 2022 at 6:01 pm on June 29, 2022 at 6:01 pm

The Philippine peso retreated against its US counterpart on Wednesday, to mark a fresh 16-year low in line with the decline in the local equities market.The local currency lost 29 centavos to close at P55:06:$1 versus Tuesday”s finish of P54.77:$1. This is the weakest since October 27, 2005″s close of P55.08:$1.The Philippine peso retreated against its US counterpart on Wednesday, to mark a fresh 16-year low in line with the decline in the local equities market.The local currency lost 29 centavos to close at P55:06:$1 versus Tuesday”s finish of P54.77:$1. This is the weakest since October 27, 2005″s close of P55.08:$1.Read More

Shopping Cart