Breaking 50 leads to stronger peso

People are perplexed why the Philippine peso is the strongest currency in Asia year-to-date while COVID-19 cases are still rising, OFWs are returning, and foreign selling continues at the PSE.

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Argentina devalues currency by 50%

Mexican Travelers Jet Off to Las Vegas, Orlando on Strong Peso - Bloomberg

Argentina weakens peso currency by 50% as part of shock economic measures

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Mexico's Peso Surges to Strongest Level Since 2015 - WSJ

Argentina devalues the peso by 54% as it kicks off radical economic reform plan

Argentina's Milei Devalues Peso by 54% in First Batch of Shock Measures - Bloomberg

Peso starts the year with continued appreciation against the dollar