Peso hits 19-mo low; PSEi up 0.59%

By The Manila Times

Jun 04, 2024 12:38 am

THE peso hit a 19-month low on Monday while the stock market managed a positive start to the week as investors hunted for bargains.

The currency weakened by 17 centavos to close at P58.68 against the greenback, its lowest close since Nov. 3, 2022's P58.80:$1. Its most recent low was P58.635 last Thursday.

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