GLOBAL uncertainties, particularly with regard to US trade and fiscal policies, could pull the peso to new all-time lows this year, Maybank Research said.

In a Feb. 9 outlook on currency movements in the region, the research unit of the Maybank Group said the peso could hit a fresh record low of P60 to the dollar in the first quarter of 2025, plunge past that to P63:$1 in April-June, and then settle at P61 versus the greenback for the rest of the year.

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