Inquirer
MANILA, Philippines — The peso rebounded from all-time lows on Wednesday, gaining at the close of a shortened trading week, as the US dollar weakened on hopes of deescalation of the Middle East war. The currency strengthened by 58.8 centavos to settle at 60.16 per dollar, recovering from Tuesday’s record-low close of 60.748. READ: Philippine stocks join global stock upswing on Middle East hopes Trading was brisk, with volume rising to $2.7 billion from $1.6 billion in the previous session, ahead of market closures for Maundy Thursday and Good Friday. The US dollar slipped as expectations of a ceasefire grew […]... Keep on reading: Peso rebounds from record low on hopes for Mideast war deescalation
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