Read this in The Manila Times digital edition.
THE stock market is expected to remain pressured this week as investors await potential rate cut clues following this Thursday's Bangko Sentral ng Pilipinas (BSP) policy meeting.
The benchmark Philippine Stock Exchange (PSE) index plunged to 6,158.48 last Friday, closing 3.53 percent lower week-on-week, amid worries over a peso weakening said to be due to the BSP's willingness to start cutting rates ahead of the US Federal Reserve.
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