Peso weakness, volatility to persist

tinue to be accommodative, that could also likely add more pressure to the peso’s weakness and volatility,” Guinigundo added, referring to the ongoing monetary easing, or lowering of key interest rates, by the central bank.

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Meanwhile, foreign banking giants reported that the Philippine peso emerged as one of the weakest performers among Asian currencies after falling to its historic low on Oct. 28, adding that the peso’s wea