Peso sinks to over four-month low on tariff worries




THE PESO sank to an over four-month low against the dollar on Tuesday on fears that US President-elect Donald J. Trump’s plan to hike tariffs could stoke inflation in the world’s largest economy. The local unit closed at P58.831 per dollar on Tuesday, weakening by 23.6 centavos from its P58.595 finish on Monday, Bankers Association […]



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