Peso gains but stock market drops

By The Manila Times

Mar 12, 2024 12:23 am

The peso started the week stronger but the stock market fell following declines on Wall Street.

The currency strengthened by 20 centavos to P55.37 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) shed 69.97 points, or 1.01 percent, for a 6,872.24 finish.

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