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

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 o…….

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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.

Source: https://www.bloomberg.com/news/articles/2022-05-08/peso-is-poised-for-deeper-drop-as-marcos-jr-eyes-presidency