Peso depreciation to continue

Peso depreciation to continue – analysts

By Mayvelin U. Caraballo

Jan 03, 2022 12:10 am

Analysts anticipate the Philippine peso to drop even further against the United States dollar this year as economic activities recover.

Analysts forecast the peso to end 2022 at P51-52:$1, after closing 2021 at P50.99 to the US dollar.

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