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Philippines: Exports plunge worsen trade deficit in January

MANILA, Philippines — The country’s trade deficit continued to widen in January, as the country’s prized exports posted huge declines, which an analyst noted crimped the peso’s ascent at the start of the year. Data released by the Philippine Statistics Authority on Tuesday showed the trade deficit expanded 27.2% year-on-year to $5.74 billion in January. A […]

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