Peso hits four&month low on Fed hike bets
THE PESO weakened further on Wednesday to hit a four-month low against the dollar due to hawkish comments from US Federal Reserve officials. The local currency closed at P56.21 versus the dollar on Wednesday, declining by seven centavos from Tuesday’s P56.14 finish, data from the Bankers Association of the Philippines’ website showed. This was the […]
T. Kauer 
THE PESO weakened further on Wednesday to hit a four-month low against the dollar due to hawkish comments from US Federal Reserve officials. The local currency closed at P56.21 versus the dollar on Wednesday, declining by seven centavos from Tuesday’s P56.14 finish, data from the Bankers Association of the Philippines’ website showed. This was the […]
