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Cratering peso sinks to record-low 59 to a dollar

By Inquirer - 16 hours ago
The Philippine peso on Thursday sank to a record-low level of 59 to a dollar, revisiting a territory last seen over two years ago, as a strong dollar following the US presidential elections continued its rampage across other currencies. The peso lost 9 centavos from its previous-day finish, matching the level it last touched on

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