THE peso and the stock market closed the week on a high note with the currency making further inroads into $53:$1 territory and the benchmark Philippine Stock Exchange index (PSEi) again returning to the 7,000 level.

The peso strengthened by 16-and-a-half centavos to P53.68 vs the dollar, its best showing since June 16, 2022's 53.47:$1.

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