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Dubai: A lot to the reduction of these expats seeking to remit a reimbursement to the Philippines, the peso is anticipated to remain low versus the UAE dirham, US greenback, as extra charge hikes loom on the world’s key US Federal Reserve.
On Monday, the Philippine peso slipped to P52.81 per $1 and to P14.31 versus the UAE dirham. Examine the most recent foreign exchange charges right here. In Might, the foreign money closed at P53.37 per $1 and at P14.32 versus the UAE dirham.
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