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PHP/USD: Peso Set to Drop as Bongbong Marcos Leads in Philippine Elections – Bloomberg

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The Philippines peso is in danger of extending this year’s decline as uncertainty over the policies of the front-runner in Monday’s presidential election adds to economic headwinds.
While Ferdinand “Bongbong” Marcos Jr. is favored by 56% of respondents in a survey conducted from April 16 – 21 by pollster Pulse Asia Research Inc., he scored the second lowest in a Bloomberg poll of investors.

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