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Frail peso pulls down PSEI

By Inquirer - 6 months ago
MANILA, Philippines — The local bourse on Thursday fell to its lowest this year as the Philippine peso weakened further against the US dollar, coupled with growing inflation concerns. The benchmark Philippine Stock Exchange Index (PSEi) slipped by 0.62 percent, or 39.66 points, to close at 6,371.75. This marks the bourse’s lowest for the year,

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