Philippine peso descends to new record: Ps51.95:$1

 

Trick question Which of the following performed the worst against the US dollar year-to-date Australian dollar, New Zealand dollar, or the Philippine peso

 

Yes, you cheated by consulting a Bloomberg screen but you are right about the kiwi dollar. Here is the complete list of the unpopular currencies with their respective percentage slips from the dollar

  1. Zimbabwe Dollar 43.06%
  2. Romanian Leu  26.48%
  3. Indonesia Rupiah 24.63%
  4. New Zealand Dollar 23.46%
  5. Philippine Peso 22.27%
  6. Australian Dollar 21.49%
  7. Ecuadorian Sucre 20.99%
  8. Turkish Lira 20.64%
  9. Hungarian Forint 19.12%
  10. Greek Drachma 19.00%

 

As can be seen above, one has to hand it to the peso despite the countrys natural and man-made disasters, it...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222