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BofA stays neutral on peso

By Inquirer - 9 months ago
MANILA, Philippines  —The research unit of Bank of America (BofA) has kept its “neutral” view on the peso, which is forecast to average at 55 against the greenback by the fourth quarter of 2024. In a commentary sent to journalists on Thursday, BofA Global Research said the peso’s “fundamental outlook remains a concern but is

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