Peso gains but stays in P62 to $1 territory

The Manila Times 22 h Philippines

THE peso regained some ground on Thursday, ending a run of four straight record lows, and the stock market also rebounded slightly ahead of today’s release of August inflation data. After plunging to P62.565 to the dollar a day earlier, the currency strengthened by four and a half centavos to P62.52:$1. It opened at P62.51:$1 and traded between P62.38 and P62.56 during the session. Volume de

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