Peso faces tests as Fed holds firm on rates
Philippine currency pressure deepens as a hawkish Fed lifts yields, widens deficits and leaves the peso near P63 per dollar.
Philippine currency pressure deepens as a hawkish Fed lifts yields, widens deficits and leaves the peso near P63 per dollar.
Dollar-yuan turnover hit US$274bn daily in April, making it Hong Kong's most-traded pair for the first time.
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