Philippine Peso Falling Trajectory Defies Rate Hike Expectations

TL;DR

Philippine Peso Falling Trajectory Defies Rate Hike Expectations Philippine Vice President Duterte Facing Second Impeachment Vote Impeachment complaint seeks Duterte’s removal from office and perpetual disqualification from any government post. Mindanao, Philippines — The Philippine House of Representatives is poised to impeach Vice President Sara Duterte, daughter of former President Rodrigo Duterte, for the second time. The impeachment vote against Duterte, scheduled for Monday, is the latest episode in the ongoing political feud between the Duterte family and President Ferdinand Marcos Jr, plunging the country into deeper political turmoil, even as it faces serious economic uncertainty due to the global energy crisis.