Peso firms from 2-mth low

The peso regained some ground in Monday’s trade in a technical rebound from a two-month low, though it remained still generally weighed down by the dollar’s overall strength.

“Overall, the peso could be feeling the impact of a stronger dollar, plus possibly some month- and quarter-end requirements by corporates that need to be filled,” Justino Calaycay Jr., analyst at Accord Capital Equities Corp., said.