Peso plunges to new record low of P62.4:$1

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Source: The Manila Times
Published: 2026-09-02 02:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Business & Economy
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Snippet:
THE peso sank to a new all-time low of P62.40:$1 on Tuesday as the dollar continued to strengthen amid expectations of a Federal Reserve rate hike later this month and an escalation of hostilities in the Middle East.
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