Philippine peso falls most since April on curb extension


  • Forex
  • Wednesday, 16 Jun 2021

The peso slid as much as 0.4% to a more than two-week low and was on track for its worst day since April 7. Stocks in Manila, which have rallied more than 4% so far this month, gave up 0.2%.

MANILA: The Philippine peso fell the most in more than two months yesterday after coronavirus curbs were prolonged in the capital Manila and nearby provinces until end-June and quarantine measures were tightened to battle rising infections.

The peso slid as much as 0.4% to a more than two-week low and was on track for its worst day since April 7. Stocks in Manila, which have rallied more than 4% so far this month, gave up 0.2%.

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Philippines , peso , falls , dollar , infection , coronavirus ,

   

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