Peso strengthens to 59 per dollar on Iran ceasefire

MANILA, PHilippines – The Philippine peso strengthened back to the 59-per-dollar level on Wednesday morning after risk appetite improved following US President Donald Trump’s agreement to a two-week ceasefire with Iran. READ: Peso weakens on Iran jitters, inflation target breach The currency opened at 59.661 against the greenback and climbed to an intraday high of