Peso recovers from record low amid calmer US dollar

MANILA, Philippines — The peso clawed back some losses on Thursday, rebounding from a record low hit the day before, as the US dollar eased after investors absorbed fresh American economic data. READ: Peso slides to new record low The local currency ended at 59.17 against the dollar, gaining 18.5 centavos from the record low finish of 59.355 seen in the previous session. Total volume rose to $1.6 billion, from $1.3 billion before. /dda READ: US stocks retreat from records as oil falls further... Keep on reading: Peso recovers from record low amid calmer US dollar