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Home South-eastern Asia Philippines

Peso rebounds from record low on hopes for Mideast war deescalation

by Asia Today Team
April 1, 2026
in Philippines
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DFA: China’s ‘island-building’ can’t erase PH rights over reefs



Peso rebounds from record low on hopes for Mideast war deescalation
MANILA, Philippines — The peso rebounded from all-time lows on Wednesday, gaining on the shut of a shortened buying and selling week, because the US greenback weakened on hopes of deescalation of the Center East battle. The forex strengthened by 58.8 centavos to settle at 60.16 per greenback, recovering from Tuesday’s record-low shut of 60.748. READ: Philippine shares be part of world inventory upswing on Center East hopes Buying and selling was brisk, with quantity rising to $2.7 billion from $1.6 billion within the earlier session, forward of market closures for Maundy Thursday and Good Friday. The US greenback slipped as expectations of a ceasefire grew […]…

Carry on studying: Peso rebounds from file low on hopes for Mideast battle deescalation



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