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Philippine peso’s historic slide continues, hitting record low P64.17 per dollar

Rappler

Philippine peso’s historic slide continues, hitting record low P64.17 per dollar

Amid the peso's historic weakness, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. emphasizes that the central bank will not intervene to defend the peso at a particular exchange rate, unless the depreciation becomes inflationary

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