Peso at risk of hitting 64:$1 level–MUFG

MANILA, Philippines – The Philippine peso could weaken past the 64-per-dollar level if the Middle East conflict reescalates and oil prices reach new highs, MUFG Global Markets Research warned. In a note to clients, the global bank said its baseline outlook still sees the peso gradually strengthening to 61 per dollar, assuming war de-escalation and US