THE peso fell against the dollar on Monday, joining other markets that were jolted by a trade war launched by US President Donald Trump, but the stock market posted a bounce-back from an over two-year low as investors hunted for bargains.

The currency weakened by 29 and a half centavos to P58.66:$1 while the benchmark Philippine Stock Exchange index (PSEi) added 20.45 points, or 0.35 percent, to close at 5,883.04.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here