Peso touches new record low of 60.97:$1 in morning trade

MANILA, Philippines — The Philippine peso sank to a fresh record low Tuesday morning, sliding near the 61-per-dollar mark. This, as investors weighed a diplomatic deadlock between the United States and Iran and braced for a week of major central bank decisions. READ: Peso depreciates to 60.48:$1 on Middle East war jitters The local currency