Peso falls to 62-per-dollar level

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MANILA, Philippines — The Philippine peso weakened below the 62-per-dollar level to hit a new record low on Friday morning, as investors weighed the central bank’s latest rate hike decision. The local currency opened the session at 62.05 per dollar before touching an intraday low of 62.25.  READ: Peso slumps to record close after BSP decision
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