Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.
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Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
Twitter: http://www.twitter.com/gmanews
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GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
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NewsTranscript
00:00 The value of Peso Contra Doliar fell to the lowest level in the last 11 months.
00:06 Yesterday, the exchange rate of Pesos was closed at P58.68 per Doliar, the lowest since November 3, 2022.
00:14 This is a favorite among the OFW's who are accepting the exchange rate of Doliar.
00:19 But it can result in the price of imported products like oil.
00:25 According to economist Michael Rickford, the decline of the local manufacturing sector in May is related to the Peso Contra Doliar.
00:35 The Central Bank of the Philippines said that the decline of Peso is temporary.
00:41 The decision of the US Federal Reserve is affected by this and it should not lower the interest rate.
00:46 [Music]
00:49 [News broadcast]
01:01 [Music]