THE PHILIPPINE PESO, THE RUSSIAN ROUBLE AND THE US DOLLAR #Dollar #dollarexchangerate #dollartopeso #DollarRate #Russian #rouble Philippine Peso depreciates against the US dollar while the Russian rouble hits near 7-year high vs dollar as tax payments loom The weak peso hit a 44-month low of P54 to the US dollar on Monday, June 20, on continued greenback strength and in anticipation of a central bank rate hike this week of as much as 50 basis points. The ongoing Russia-Ukraine war, the rising oil and non-oil prices and the monetary policy rate adjustments across the globe are weakening the local currency. -https://www.reuters.com/markets/europe/russian-rouble-near-multi-year-peaks-tax-payments-loom-2022-06-20/ -https://mb.com.ph/2022/06/20/peso-breaks-p541/ https://www.instagram.com/p/CfCngmjBxxk/?igshid=NGJjMDIxMWI=











