Usd to php peso converter: Forex – Emerging Asian Currencies Continue To Fall By

The Philippine peso has also been losing ground against the dollar and is down more than 6% over the last year. The USD/PHP pair was trading down 0.03% to 53.891 on Tuesday morning. Franklin Templeton Investments expects the peso to fall past the 55 mark to the dollar hurt by increases in the price of oil and a central bank that has been reluctant to take significant action. The peso hit its weakest point in 13 years on Friday.

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