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Peso at risk of hitting 64:$1 levelโ€“MUFG
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๐Ÿ‡ต๐Ÿ‡ญ Philippinesโ€ขJune 2, 2026

Peso at risk of hitting 64:$1 levelโ€“MUFG

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Originally published byPhilippine Daily Inquirer
MANILA, Philippines โ€“ย The Philippine peso could weaken past the 64-per-dollar level if the Middle East conflict reescalates and oil prices reach new highs, MUFG Global Markets Research warned. In a note to clients, the global bank said its baseline outlook still sees the peso gradually strengthening to 61 per dollar, assuming war de-escalation and US […]...

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