00:00The value of Peso Contra Doliar is getting weaker this year, according to an economist, said HSBC Economist for ASEAN, Aris Dakanay.
00:12This is because of the new police, US President-elect Donald Trump, who is expected to impose a higher tariff on their products.
00:22Yesterday, the exchange rate for Pesos was closed at P58.50 per dollar.
00:27That's the lowest value of Peso Contra Doliar this month, according to the Bankers Association of the Philippines.
00:34According to Dakanay, it is expected to reach the new record low of P59.00.
00:41Aside from the Philippines, it is also expected that the value of other currencies in Asia will also weaken.
00:52That's all for JMA Integrated News on Youtube and Tungtok sa Unang Balita.
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