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Philippine Peso Sinks to Record Low Amid Geopolitical Tensions, Oil Hikes Expected

The Philippine peso has fallen to a new record low against the dollar, sliding past the 60-per-dollar threshold, as geopolitical tensions continue to strengthen the greenback. Milder oil price hikes are also anticipated on March 24.

23 Mar, 18:12 — 23 Mar, 18:12
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