Peso strengthens on Trump tariff debate, faster-than-expected inflation

THE PESO climbed on Tuesday as the dollar weakened on doubts regarding US President-elect Donald J. Trump’s planned tariffs and following faster-than-expected Philippine headline inflation last month. The local unit closed at P58.185 per dollar on Tuesday, strengthening by 8.5 centavos from its P58.27 finish on Monday, Bankers Association of the Philippines data showed. The