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DBCC sees stronger peso in 2024

By Inquirer - 8 months ago
MANILA, PHILIPPINES — The Marcos administration no longer sees the peso potentially hitting the 58-per-dollar mark this year on expectations of lower imports. The interagency Development Budget Coordination Committee (DBCC) now projects the local currency to average between 55 and 57 against the greenback this year, better than the previous assumption of between 55 and

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