(Bloomberg) — Tensions between the Philippines and China over competing maritime claims have added to pressures on the peso that has slumped to a seven-month low, and “an escalation would be a big concern” for investors, according to the Southeast Asian nation’s central bank chief. Most Read from Bloomberg “There’s a risk whenever there’s an […]
Tag: peso
From the tumbling peso to the soaring pound – 2023’s currency winners and losers
Global Currency Holiday makers can hardly have failed to notice 2023 was a stellar year for the pound. Of the world’s major currencies, sterling was a top performer. Every £100 taken abroad would have purchased almost $121 at the start of the year but buys just over $125 now. That is not a bad performance […]