Peso rallies to strongest level in almost a month on US-Iran truce

MANILA, Philippines – The Philippine peso rose to 59 per dollar on Wednesday, as markets cheered a temporary ceasefire between the United States and Iran.  The currency surged 90 centavos to close at 59.43 against the greenback––its strongest finish since March 12––after touching 59.291 intraday.  READ: peso-rebounds-to-59-per-dollar-level-on-iran-ceasefire-hopes Trading volumes picked up, with $2.5 billion changing