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Live News REGULATION ARTICLE M impact

Philippines President Says Authorities Will Defend Peso

President Ferdinand Marcos Jr said authorities would do all they can to prevent the peso from continuing to fall against the dollar.

USDPHP

Philippine President Ferdinand Marcos Jr said on Wednesday authorities would do all they can to ensure the peso FX_IDC:USDPHP does not keep falling against the dollar."People can take solace in the fact that our policy towards the peso is to continue to defend the peso as hard as we possibly can,"…