Peso extends losses, falls past 63.5:$1

MANILA, Philippines — The Philippine peso sank to another record low on Thursday, extending its slide despite a larger-than-expected interest rate increase by the Bangko Sentral ng Pilipinas (BSP), as broad US dollar strength continued to weigh on the currency. The local currency weakened by 15.9 centavos to close at 63.52 per dollar, surpassing the