Peso weakens to P54 vs $1. Is this a win for OFW families? - Rappler

While a stronger dollar increases the peso equivalent of remittances, soaring inflation negates the perks

MANILA, Philippines The Philippine peso weakened to P54.065 against the dollar on Monday, June 20, the weakest in over three years. This is the worst performance of the peso since October 12, 2018, … [+1641 chars]

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