Peso closes in on 63:1$

Peso closes in on 63:1$

MANILA. Philippines — The Philippine peso edged ever closer to the 63-per-dollar threshold on Tuesday, battered by a resurgent greenback as rising US Treasury yields gave dollar bulls fresh reason to pile in. The local currency opened at 62.90 against the greenback before recovering to 62.835 by the close, up 2.5 centavos from its previous finish, […]... Keep on reading: Peso closes in on 63:1$