Peso recovers, moves back to P58:$1 level
The Philippine peso appreciated against the US dollar on Friday, moving back to the P58:$1 level after touching the P59:$1 barrier the day before, matching the record-low last recorded on November 26.
![Peso recovers, moves back to P58:$1 level](https://images.gmanews.tv/webpics/2022/09/000_Hkg5184243_2022_09_21_17_12_33.jpg)
![](https://images.gmanews.tv/webpics/2022/09/000_Hkg5184243_2022_09_21_17_12_33.jpg)
The Philippine peso appreciated against the US dollar on Friday, moving back to the P58:$1 level after touching the P59:$1 barrier the day before, matching the record-low last recorded on November 26.