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Bitcoin

BSP Won’t Defend ₱60 Target as Philippine Peso Hits Historic Low Past ₱62

Bao Nguyen1 min read

The Bangko Sentral ng Pilipinas ruled out using foreign reserves to hold the peso below ₱60 as the currency fell to a historic low of ₱62.265 against the US dollar.

Source: https://bitpinas.com/fintech/bsp-wont-defend-60/

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Bao Nguyen

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