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Peso up as US finalizes more trade deals
Business World Philippines
|July 25, 2025
THE PESO extended its climb against the dollar on Thursday amid easing market uncertainty as the United States finalized trade deals with more countries, including the Philippines.
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The local unit surged to P56.65 per dollar, up by 23.1 centavos from its P56.881 finish on Wednesday, Bankers Association of the Philippines data showed. This was the peso’s best close in nearly two weeks or since it finished at P56.63 on July 14.
The peso opened Thursday’s trading session stronger at P56.68 against the dollar. Its intraday best was at P56.60, while its weakest showing was at P56.73 against the greenback.
This story is from the July 25, 2025 edition of Business World Philippines.
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