Peso touches new record low of 62.35-per-dollar

MANILA, Philippines — The Philippine peso opened the shortened trading week at a new record low as broad strength in the US dollar pressured the currency. On Tuesday, the peso opened at 62.25 per dollar, dropping to a low of 62.35, exceeding the previous record of 62.27 from Aug. 28. READ: Peso weakens further, breaches 62:$1