Peso drops to P58.86:$1; stock market up anew

By The Manila Times

Jun 27, 2024 12:32 am

THE peso fell to its lowest in just over 20 months on Wednesday, but the stock market rose for a third straight day ahead of today's Bangko Sentral ng Pilipinas policy meeting.

The currency weakened by 9 centavos to P58.86 to the dollar, short of the P58.87:$1 close posted on Oct. 24, 2022.

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