Philippine peso ‘in a comfortable place’ —Finance secretary

July 25, 2023 - 11:13 AM
A man counts a wad of Philippine Peso bills he received from a relative working abroad at a money remittance center in Makati City, Metro Manila, Philippines September 19, 2018. (Reuters/Eloisa Lopez)

 The Philippine peso is in a “comfortable place” against the dollar, the finance secretary said on Tuesday.

“We are shooting for a competitive peso,” Finance Secretary Benjamin Diokno told an economic briefing.

—Reporting by Neil Jerome Morales