MANILA  -The Philippine peso has yet again breached the 56:$1 threshold, losing 28 centavos to close at 56:07:$1 on May 15 ahead of a Monetary Board policy meeting on May 18 that many analysts believe would show a pause in interest rate hikes. The local currency traded at as weak as 56.09 against the US … Continue reading Peso back yet again past 56:$1 level