Phl peso sinks to new record low of 63.61 to USD

OFWs get more pesos for their dollars now The Philippine peso has continued its free-fall, plunging to a fresh record low of ₱63.615 to the US dollar today, Friday, marking its 31st record low of the year.  The peso closed 9.5 centavos down from Thursday’s close of Php63.52 to the greenback. DETAILS HERE The local currency hit an intra-day  low of  Php63.62 to US$1 during the day. The currency’s continuing decline, off 7% of its value since the start of the year, makes it one of the weak

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