BusinessWorld E-paper
September 06, 2022
THE PHILIPPINE PESO touched the P57 level against the US dollar for the first time during intraday trading on Monday, as investors continued to flock to the safe-haven currency.
The local unit closed at a fresh all-time low of P56.999 per dollar on Monday, down by 22.90 centavos from its P56.77 finish on Friday, Bankers Association of the Philippines data showed.
