QUEZON City, Philippines (Eagle News) — After seven years, the peso reached its lowest exchange rate against the United States dollar at Php 48.26 per $1.00. Budget Secretary Benjamin Diokno assured the public’s worry about higher inflation rate and said that the purchasing power of the peso remains. The trading closed to P48.28 on Tuesday (September 27). Almost $525 million went to volume traded. Earlier, Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said that […]