UOB: Peso may weaken to 66 as dollar strength weighs

MANILA, Philippines — The Philippine peso could weaken to 66 per dollar next year as the currency remains vulnerable to a strengthening US dollar amid the economy’s fragile external position, Singapore-based United Overseas Bank Ltd. (UOB) said. The peso could fall to the 64-per-dollar level in the fourth quarter, before weakening further to 65.5 in the […]... Keep on reading: UOB: Peso may weaken to 66 as dollar strength weighs