Peso climbs back to 59-level vs $1 after historic dip to 60

MANILA, Philippines – The Philippine peso climbed back to 59.95 per US dollar on Tuesday following the two consecutive record lows above 60 amid the escalating Middle East war. The local currency shed 35 centavos from yesterday’s record low of 60.3 against the greenback, though it still tested the key psychological threshold after hitting an