Peso sinks deeper into 60-level, sets new record low

MANILA, Philippines – The Philippine peso slid further past the 60-per-dollar threshold to a fresh record low, as the greenback extended its advance amid rising geopolitical tensions in the Middle East. READ: New record low: Peso slides beyond 60 vs $1 The local currency closed at 60.3, down 20 centavos from its prior record-low finish