The USD/PHP currency pair represents the value of the US Dollar (USD) as it relates to the Philippine Peso (PHP). This exotic pair measures the exchange rate between these two currencies, indicating how many Philippine Pesos are needed to purchase one US Dollar.
The relationship between the USD and PHP is influenced by various factors, including economic indicators, geopolitical events and market sentiment. The USD/PHP pair is often used as a barometer for the overall health of the Philippine economy, reflecting both internal and external economic conditions.
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