Peso hits P58.80:$1; PSEi down nearly 3%

By The Manila Times

Jun 22, 2024 12:39 am

THE peso and the stock market ended the week on a sour note with both hitting multi-month lows amid a continued lack of positive catalysts.

The currency fell for a third straight day, weakening by two centavos to P58.80 to the dollar — its lowest close in over 19 months and matching that on Nov. 3, 2022.

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