Tag: Peso Depreciation

Philippines’ Debt Hits Record-High ₱16 Trillion in October

The Philippines' total debt reached a record-high ₱16.02 trillion by the end of October, primarily due to the peso's depreciation against the US dollar. Data...

Ph Debt Surpasses P15 Trillion Amidst Rising Government Spending

The Philippines' sovereign debt reached a new record high of P15.689 trillion as of July 30, 2024, according to data released by the Bureau...

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