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Finance & Markets

Stocks suffer another selldown as peso extends record slide

Philippine financial markets ended the week in the red, with stocks retreating as investors digested the Bangko Sentral ng Pilipinas (BSP)’s 50-basis-point rate hike while the peso sank to a fresh record low for the third straight trading session.

We haven't written up this one. Philippine Star Business has the full story — the link below goes straight to it.

Read the original at philstar.com →

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