Peso climb ends, skids to record low 59:$1

The Philippine peso reached another record-low of 59:$1 on Monday after appreciating for three consecutive trading days since closing at 58.99:$1 on Sept. 27. This is the 12th time that the local currency closed at a new all-time weakest position since hitting 56.77:$1 just a month ago on Sept. 2. The peso has lost six … Continue reading Peso climb ends, skids to record low 59:$1