The Philippine peso declined to a new record low after the central bank signaled an interest-rate cut and as traders assessed its tolerance for a weaker currency.
Bargain-hunting further lifted the Philippine Stock Exchange index (PSEi) Tuesday but the peso ended sideways against the US ...
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MIXED. Bargain-hunting results in the rise of the Philippine Stock Exchange index on Tuesday (Dec. 9, 2025). On the other hand, the local currency weakened against the US dollar and closed at PHP59.22 ...