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Peso slips back to 57:$1

By Inquirer - a month ago
The peso again retreated to the 57-level against the US dollar on Wednesday to post its worst finish in nearly two months, as decreasing odds of aggressive rate cuts by the US Federal Reserve (Fed) and escalating Middle East conflict propped up the greenback. The local currency lost 11.5 centavos to close at 57.02 versus

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