Peso slightly stronger; PSEi plummets 2.1%

By The Manila Times

Oct 01, 2024 12:30 am

THE peso edged up on Monday but stayed in P56 to the dollar territory while the stock market plunged over two percent with investors said to be cautiously awaiting the release of September inflation data later this week.

The currency strengthened by 4.7 centavos to close at P56.03:$1, partially erasing Friday's 11.2-centavo slide. It also opened at P56.03 and ranged from P55.93 to P56.075.

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