Peso edges higher; PSEi back at 6,800

By The Manila Times

Feb 21, 2024 12:40 am

THE peso regained some ground, and the stock market rose back to the 6,800 level on Tuesday, with investors said to have cheered an interest rate cut outlook.

The currency strengthened by three and a half centavos to P56.035 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) advanced by 56.05 points, or 0.82 percent, to 6,854.66.

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