THE peso snapped a two-day losing streak and the stock market also rallied to a near two-month high on Tuesday, buoyed by a rise in money sent home by Filipinos working abroad.

The currency gained seven centavos to close at P57.21 to the dollar, while the benchmark Philippine Stock Exchange (PSEi) added 64.18 points, or 1.01 percent, to close at 6,418.94.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details