THE peso gained for a fifth straight day on Tuesday, and the stock market returned to the 6,500 level as fears of a global financial crisis subsided.
The currency strengthened by 23-and-a-half centavos to close at P54.44 against dollar, while the benchmark Philippine Stock Exchange index (PSEi) gained 79.73 points, or 1.24 percent, to end the day at 6,530.75.
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