Peso extends rally; PSEi up anew

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THE peso extended its rally against the dollar on Thursday and the stock exchange also edged up following news of stronger-than-expected economic growth.

The currency strengthened by nearly 20 centavos to a three-month high of P57.316:$1 while the benchmark Philippine Stock Exchange index (PSEi) added 14.10 points, or 0.22 percent, to close the day at 6.549.27.

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