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Peso rises to 55: $1 as dollar weakens

By Inquirer - 10 months ago
MANILA, Philippines —The peso returned to the 55:$1 level on Friday, as investor concerns over falling stock prices and sluggish jobs data in the United States dealt a blow to the greenback. The local currency ended this week’s trading at 55.92 per US dollar, 20 centavos stronger than its previous closing of 56.12:$1. Its best

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