Gov't vows to address economic woes amid weakening peso

MANILA, Philippines — Malacañang on Thursday said the government will continue working to boost the country’s economy after the Philippine peso hit a new record low of P62.565 against the dollar. The currency weakened 16.5 centavos and closed at P62.565according to data from the Bankers Association of the Philippines. READ: Peso falls to new record low 62.565:$1 At a briefing, Palace press officer Claire Castro allayed fears that this could drive up goods and basic commodity prices and disrupt investments. “Even before alam natin kung ano ang nais ng Pangulo at ano ang nais ng administrasyon na ito: Lahat ng puwedeng gawing […]... Keep on reading: Gov't vows to address economic woes amid weakening peso