The peso has breached the 53-per-dollar level its weakest in three and a half years.<br /><br />It closed at 53 pesos and 25 centavos against the greenback today.<br /><br />China Bank Chief Economist Domini Velasquez weighs in if a weaker currency is good or bad.<br /><br />Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/<br /><br />Follow our social media pages:<br /><br />• Facebook: https://www.facebook.com/CNNPhilippines<br />• Instagram: https://www.instagram.com/cnnphilippines/<br />• Twitter: https://twitter.com/cnnphilippines<br />
