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Why the peso could weaken to 65:$1

PH · · Philippine Daily Inquirer

A stronger peso is usually interpreted as a sign of confidence, while a weaker peso is often dismissed as a temporary disruption caused by external shocks or speculative trading. Yet history suggests that major currency trends rarely develop because of a single event. More often, exchange rates reflect the gradual accumulation of structural imbalances that […]... Keep on reading: Why the peso could weaken to 65:$1