Peso back at P57:$1; PSEi slumps

By The Manila Times

Feb 15, 2025 12:26 am

THE peso ended the trading week stronger against the dollar, but the stock market reversed in the wake of the Bangko Sentral ng Pilipinas' (BSP) surprise move to keep key interest rates unchanged

The currency strengthened by 23 centavos to P57.83:$1, only the second time since the start of the year that it closed in P57 per dollar territory.

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