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Bullish bets on South Korean won, Taiwanese dollar, and Philippine peso were at their highest since Feb. 9, while long positions on the Singapore dollar and Indonesian rupiah stood at a four month high, the fortnightly survey of 12 respondents showed.
The Philippine peso ended trading in November at 56.56:$1, strengthening from 57.97:$1 at the end of October.
Source: https://business.inquirer.net/382563/filipino-workers-sent-home-fewer-dollars-in-november
The Philippine peso, in effect, has appreciated, hitting its six-month high this week.
Source: https://business.inquirer.net/381870/investors-told-to-do-value-hunting-as-psei-expected-to-hit-7500