‘Don’t panic,’ Marcos says after peso’s historic lows

MANILA, Philippines — President Ferdinand Marcos Jr. asked the public not to panic over the Philippine peso’s volatility, as the currency slightly recovered to close at P64.025 on Wednesday. This showed that the peso gained 14.5 centavos against the greenback after opening at P64.08, ending a seven-session streak of record-low closing levels. Experts said the