THE peso continued to recover against the dollar on Thursday, and the stock market also rose to the 6,500 level amid renewed rate cut hopes.
The currency strengthened by 14-and-a-half centavos to P58.58:$1 while the benchmark Philippine Stock Exchange index (PSEi) added 57.46 points, or 0.89 percent, to end the day at 6,507.49.
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