Peso strengthens anew; PSEi pushes past 6,700

By The Manila Times

Jul 19, 2024 12:25 am

THE Philippine peso rose for a third straight day, and the stock market also hit a near three-month high on Thursday as rate cut expectations and positive news continued to boost sentiment

The currency strengthened by 4-and-a-half centavos to P58.25 against the dollar while the benchmark Philippine Stock Market index (PSEi) added 17.30 points, or 0.26 percent, to end the day at 6,705.01.

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