The peso tumbled to its lowest level against the dollar in nearly three weeks after a Federal Reserve official said the US central bank wanted “more uncertainty” with regard to its interest rate moves.
The stock market, on the other hand, shrugged off continued concerns over a Fed rate hike, instead gaining on hints of a stimulus in Europe and betting on stronger Philippine economic growth.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.