THE Philippine peso recorded its worst day in over a year after staying in the P51 to a dollar territory on Tuesday.
The local currency ended the day at $51:$1, the same rate as the previous day. According to Michael Ricafort, Rizal Commercial Banking Corp. (RCBC) senior economist, it hasn't been this low since March 26, 2020 when it closed at P51.07 to $1.
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