PHP/USD: Marcos Pledges to “Do All We Can” to Defend Philippine Peso

Philippine President Ferdinand Marcos said authorities will take measures to defend the peso following its decline to a new record low this week. The peso weakened against the U.S. dollar, prompting the statement from Marcos. He did not specify which measures would be implemented.

• Bloomberg — PHP/USD: Marcos Pledges to “Do All We Can” to Defend Philippine Peso

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