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The local bourse’s main index rose for the third straight session Thursday, boosted by the cut in the US Federal Reserve’s key rate Wednesday. The peso, however, depreciated against the US dollar. The ...
As foreign exchange traders shift their books to bet on interest-rate cuts, the Philippine peso looks set to emerge as a winner: historically it’s been the least affected by monetary easing among ...
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Peso sinks back to P58:$1 level amid flood control project fiasco
The Philippine peso depreciated against the US dollar for the third straight trading day on Thursday, marking its weakest ...
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