The Philippine currency that slipped to a 13-day low of 47.27 against the US dollar during Monday's early Asian trading, gained ground by about 8:50 pm ET. As of now, the pair is trading at 46.45, compared to Friday's close of 47.00. The next upside target level for the Philippine currency is seen at 46.20.

US Dollar vs PHP (FX:USDPHP)
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