THE peso and stock market rebounded on Thursday with sentiment said to have risen following a jumbo rate cut by the US Federal Reserve (Fed).
The currency strengthened by 11 centavos to P55.61 against the dollar, while the benchmark Philippine Stock Exchange index (PSEi) added 46.26 points, or 0.65 percent, to close at a two-and-a-half-year high of 7,202.16.
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