Peso 2nd strongest Asian currency

Aug 06, 2019 12:19 am

THE Philippine peso has emerged as the second strongest currency in Asia as of last month, the Department of Finance (DoF) reported on Monday.

In an economic bulletin, the Finance department said the local currency appreciated by 2.82 percent against the US dollar year-to-date. It ranked next to the Thai baht, which appreciated by 4.27 percent.

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