Peso sinks to P62.50:$1 as Middle East tensions escalate

MANILA, Philippines — The Philippine peso fell past the 62.5-per-dollar mark on Wednesday, setting a fresh record low as the stronger US dollar and higher oil prices stoked concerns over inflation. The peso opened at 62.4 to the dollar before sliding further to an intraday low of 62.58 during morning trading, based on data from the

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