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BusinessWorld

Peso strengthens as oil prices drop

THE PESO gained against the dollar on Thursday as lower global oil prices eased inflation concerns, and as players digested clues on the US central bank’s policy path. The currency climbed by 5.6 centavos to finish at P61.565 versus the greenback from P61.621 on Wednesday, based on Bankers Association of the Philippines data posted on […]

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Source: bworldonline.com

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