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Business > Top Business
Renewed banking fears pull down peso, stocks
By The Manila Times
Apr 27, 2023 12:27 am

THE peso and stock market both fell on Wednesday as an earnings report by a troubled US bank reignited investor fears.

The currency weakened by 8 centavos to close at P55.62 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) lost 53.15 points, or 0.81 percent, to end the day at 6,540.24.

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