PH peso depreciates, nears 63 to $1

The Philippine peso stayed close to 63 pesos per dollar on Monday, extending the pattern of record-low values for the local currency as United States (U.S.) dollar remains strong and expectations of higher U.S. interest rates grew. The peso gained 0.4 centavo from its previous close to finish at 62.586 per dollar, but then fell…

Read More