THE peso continued to weaken on Tuesday and the stock market fell to its lowest in over four months amid investor caution ahead of this week's US Federal Reserve and Bangko Sentral ng Pilipinas policy meetings.

The peso weakened by 20 centavos to P58.871 against the greenback while the Philippine Stock Exchange index (PSEi) shed 113.45 points, or 1.72 percent, and ended the day at 6,501.7.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details