Positive sentiment again lifts peso, stock market

By The Manila Times

Nov 18, 2023 12:29 am

THE peso and the stock market gained further on Friday with sentiment said to be still buoyed by a Monetary Board decision to keep interest rates unchanged and also trim inflation forecasts.

The currency rose by 12 centavos to P55.67 against the dollar while the benchmark Philippine Stock Exchange index added 20.41 points, or 0.33 percent, to end the week at 6,211.89.

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