External pressures push peso to new low vs dollar — Ravelas #TheBigStory | Reyes Tacandong & Co. Senior Adviser Jonathan Ravelas said the peso’s slide to a new record low of P59.44 against the US dollar is largely driven by external developments. Ravelas said the currency weakness is being influenced by global factors, including expectations surrounding US Federal Reserve policy easing and ongoing geopolitical tensions worldwide. | ONE News
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