Manila Times Business
Peso markedly stronger, PSEi jumps on peace deal
THE peso markedly strengthened, and the stock market peso also surged on news that the US and Iran would be signing a peace deal expected to ease pressures on global oil prices. The currency gained 87 centavos and closed at P60.48:$1 while the benchmark Philippine Stock Market index (PSEi) jumped 6.14 percent, or 363.50 points, to end Monday at 6,272.88. SM Investment Corp. chief economist Robert Dan Roces said the currency could remain in the P60:$1 level, which it last hit on May 7, with furth
This is an excerpt. Read the full article at the original source:
Source: manilatimes.net
Read Full Article on manilatimes.net →More from Manila Times Business
Football: World Cup results
Just now
Xenkrupom Unveils Its Next-Generation AI Trading Platform, Redefining Intelligent Investing in 2026
Just now
CoreGLP Avis [DE, AT, CH, FR, BE, DK, FI, SE, NL] - The Truth Behind the Wellness Supplement Generating Buzz in 2026
Just now
Immigration agent fires gun after being hit by vehicle in New Jersey, police say
Just now