THE peso rebounded while the stock market fall on Thursday with investors said to be awaiting US inflation data that could provide clues as to how the Federal Reserve would act on interest rates later this month.

The currency strengthened by 8 centavos to at P58.62 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) shed 43.43 points, or 0.69 percent, to end the day at 6,299.67.

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