THE peso fell against the dollar on Monday, joining other markets that were jolted by a trade war launched by US President Donald Trump, but the stock market posted a bounce-back from an over two-year low as investors hunted for bargains.

The currency weakened by 29 and a half centavos to P58.66:$1 while the benchmark Philippine Stock Exchange index (PSEi) added 20.45 points, or 0.35 percent, to close at 5,883.04.

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