Philippine Peso Reaches P60 to the Dollar, Raises Economic Concerns

The Philippine peso has breached the P60 to the dollar mark, serving as a reminder to the Marcos administration that macroeconomic management requires more than temporary solutions and populist measures.

20 Mar, 07:00 — 20 Mar, 07:00

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RapplerMostly Factual166d ago

[In This Economy] The peso is now at P60 to the dollar. Now what?

For the Marcos administration, the peso’s breach of P60 should serve as a reminder that macroeconomic management requires more than press conferences, emergency proposals, Band-Aid solutions, and populist measures

By JC Punongbayan

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Philippine Peso Reaches P60 to the Dollar, Raises Economic Concerns

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[In This Economy] The peso is now at P60 to the dollar. Now what?

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