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Peso sinks to new record low for third straight day as war drags on
THE PESO dropped to new record low on Monday as the Strait of Hormuz’s continued closure due to the standoff between the United States and Iran drove oil prices higher, fueling demand for the greenback. The currency edged down by 2.9 centavos to close at P61.75 a dollar from P61.721 on Friday, according to Bankers […]
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Source: bworldonline.com
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