The Philippine peso has fallen for three straight quarters and hit a 17-month low last week. The bad news doesn’t end there.
Technicals suggest the currency could test its 2019 trough by year-end, with a dovish central bank adding to the pressure. Falling real yields, equity outflows and high oil prices also conspire against the peso.
"low" - Google News
October 04, 2021 at 06:00AM
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Philippine Peso's Losing Streak Sends It Toward Two-Year Low - Bloomberg
"low" - Google News
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