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Continued peso decline weighs on stock market

THE peso again fell versus the dollar on Tuesday, limiting gains at the stock market as investors continued to await fresh corporate earnings results.

The currency weakened by 29 centavos to P57.88 against the greenback while the benchmark Philippine Stock Exchange index (PSEi) added just 6.53 points, or 0.09 percent, to end the day at 7,413.16.