The peso lost more strength against the US dollar to hit a two-week low in pre-weekend trade as investors chased the greenback on expectations of better US non-farm payroll (NFP) data.

The currency weakened to P47.16 to $1, losing 13 centavos from its P47.03 finish on Thursday. Friday’s finish was the weakest since December 23, when the peso fell to P47.22.

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