
The Philippine Peso Strengthens Amid U.S. Dollar Weakness
On Wednesday, the Philippine peso surged to the 55-level for the first time in over seven months, closing at 55.84 against the U.S. dollar. This appreciation comes as the greenback struggles with volatility stemming from U.S. President Donald Trump’s trade policies. Factors Behind the Peso’s Rally The peso’s recent strength is largely attributed to the…