PSEi slips as peso hits new record low

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Philippines

PSEi slips as peso hits new record low — Sources: Inquirer.net

MANILA, Philippines — Local stocks fell on Monday as the peso sank to a new record low, while concerns over a possible tightening by the US Federal Reserve further dampened investor sentiment. The benchmark Philippine Stock Exchange Index (PSEi) fell 0.11 percent, or 6.92 points, to close at 6,083.68. READ: Peso breaches 62.7 per dollar

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PSEi slips as peso hits new record low

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