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Peso, stock market end rally ahead of BSP policy meeting

THE peso snapped an eight-day win streak and the stock market also ended a three-day rally to open the trading week.

The currency weakened by just over three and a half centavos to P57.316 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) shed 34.44 points, or 0.52 percent, to close at 6,613.36 on Monday,