Stocks keep gaining but peso back at P58:$1 level
Stocks keep gaining but peso back at P58:$1 level is drawing significant interest across the industry.
THE stock market rose for a third straight day on Friday with investors said to have been buoyed by the latest Bangko Sentral ng Pilipinas (BSP) rate cut, but the peso fell to a one-week low on Friday on higher oil prices and cautious comments from the central bank governor.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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