Peso hits nearly 2-mo low on Covid-19 fears

Feb 27, 2020 1:28 am

THE Philippine peso dropped to its weakest in almost two months, returning to P51 against the US dollar on Wednesday.

The local currency, which opened at P51.08 versus the greenback, lost 7 centavos to close at P51.03. It was the peso’s softest finish since the P51.09:$1 closing on January 3.

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