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Peso climbs as US fiscal woes weigh on dollar
Business World Philippines
|May 23, 2025
THE PESO climbed on Thursday as concerns over the US economy continued to weigh on the greenback.
The local unit closed at P55.585 versus dollar, strengthening by 7.5 centavos from its P55.66 finish on Wednesday, Bankers Association of the Philippines data showed.
The peso opened the session a tad stron-ger at P55.65 against the dollar. It dropped to a low of P55.70 intraday, while its best showing was its closing level of P55.585 versus the greenback.
Diese Geschichte stammt aus der May 23, 2025-Ausgabe von Business World Philippines.
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