Rates Outlook: Possible test of all-time high 

(Editor’s Note: This outlook is subject to updates.)

Maria Christina “Yna” Virtudazo, Investment Counselor, Financial Markets Sector, Metrobank, said the dollar-peso exchange rate may test the all-time high at 59.26 this week. Local supply may slow down any upward momentum for the exchange rate, as political issues continue to influence the currency pair’s trajectory as well.