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The Philippine peso continuous to strengthen as it reached PhP52.22 to US$1.00 in February 2019, compared to last month’s exchange rate of PhP52.47, bringing down the January-February 2019 rate to PhP52.34. However, January-February 2019 average is PhP1.20 higher than the January-February 2018 exchange rate of PhP51.15.

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