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Peso sinks on ME war, Fed bets
THE PESO slumped versus the dollar on Monday amid reignited tensions in the Middle East (ME) and heightened expectations of a hawkish US Federal Reserve. The currency fell by 22 centavos to close at P61.69 versus the greenback from its P61.47 finish on Friday, according to Bankers Association of the Philippines data posted on its […]
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Source: bworldonline.com
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