THE peso continued falling against the dollar on Thursday and the stock market also lost momentum with traders citing profit-taking and worries over rising tensions in the Middle East.
The currency weakened by 19.2 centavos to P56.37 to the greenback by the end of the day after opening at P56.3:$1 and ranging from P56.17 to P56.4. Volume reached P1.729 billion, down from Wednesday’s P1.954 billion.
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