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Peso up anew, PSEi drops
The broader All Shares also followed, shedding 31.51 points, or 0.86 percent, to settle at 3,643.50.
Claire Alviar, research associate at Philstocks Financial Inc., said investors were concerned that the Bangko Sentral ng Pilpinas would deliver a 50-basis-point (bps) increase next week instead of 25 bps as earlier expected.