The Philippine peso is seen depreciating further this week as the country is seen to rely more on imported products this year.

A government source said that the local currency may range between P41 and P44 a dollar as reconstruction in the typhoon-devastated areas of Eastern Visayas may require more imported construction materials.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details