Read this in The Manila Times digital edition.
THE peso hit a new near-19-month low on Thursday, weakening by 21-and-a-half centavos to P58.635 against the dollar, and the stock market fell for a fifth straight day to an over five-month low of 6,321.75
It was the currency's lowest close since Nov. 3, 2022's P58.80:$1. For the benchmark Philippine Stock Exchange index, the result of Thursday's 39.66-point or 0.62-percent drop was the lowest since Dec. 13, 2023's 6,255.74.
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