Peso breaches 62.8 per dollar to hit new record low

MANILA, Philippines — The Philippine peso opened the new trading week at a fresh record low, breaching the 62.8-per-dollar level as a stronger greenback continued to weigh on the currency. The peso opened at 62.75 per dollar on Monday before weakening to an intraday low of 62.865 during the morning trade, surpassing the previous record of