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Philippine Peso Support at 58 Seen Holding as BSP Pushes Back

The Philippines’ latest line in the sand for the peso appears to have settled halfway between its previous two, with 58 per dollar the new level to defend for the central bank.

Kgaogelo MatshwiKgaogelo Matshwi
May 6, 2024 - 02:15
 0  9
Philippine Peso Support at 58 Seen Holding as BSP Pushes Back
The Philippines’ latest line in the sand for the peso appears to have settled halfway between its previous two, with 58 per dollar the new level to defend for the central bank.
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