THE PHILIPPINE PESO on Thursday hit a record-low P59-a-dollar level for the first time in more than two years as the dollar continued its rally.
The peso closed at P59 against the greenback at the end of trading, weaker by nine centavos from its P58.91 finish on Wednesday.
This marked the first time the peso returned to the P59-a-dollar level since Oct. 17, 2022.
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