Philppines Thousand peso bill: Chief Justice Jose Abad Santos, Josefa Llanes Escoda, and General Vicente Lim. |
The Philippine peso hit a 7-year low on Monday, extending its losses into a third week as market participants worried about the impact of President Rodrigo Duterte's policies on capital inflows, ratings and international relations.
Senator Ralph Recto urges Duterte to be more careful in his statements
Senate Minority Leader Ralph Recto urges President Rodrigo Duterte to treat the US and other allies well, to avoid having a chilling effect on investors. Full story here.Philippine peso sank against the greenback on Wednesday. https://t.co/MesAM19VAe— GMA News (@gmanews) September 28, 2016
Is Duterte hurting the Philippine peso?
Budget Secretary Benjamin Diokno is trying to allay worries that the weakening of the peso and other economic indicators are a result of harsh rhetoric from President Rodrigo Duterte.Philippine peso falls to 7-year low on concerns about Dutertehttps://t.co/TCitGcbQwN 🔓— Wall Street Journal (@WSJ) September 26, 2016
0 Comments
Hi! Thank you for dropping by. Please leave us a comment.