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medium economyUNVERIFIED

Peso sinks to new low, nears 64:$1

📍 Philippines, PH·🕐 2h ago·1 outlet

THE PESO sank to another record low against the US dollar on Monday, nearing the P64-per-dollar mark as renewed oil price volatility and growing concerns over stagflation weighed on investor confidence in the Philippines.

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Reliability
80%

Very high · How we score this

Risk Score
medium risk