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Peso to move sideways before key US, PHL data

27 April 2025
in Business
Reading Time: 2 mins read
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Peso to move sideways before key US, PHL data
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THE PESO may trade sideways against the dollar this week as investors await the release of key US and Philippine economic data.

The local unit closed at P56.265 per dollar on Friday, jumping by 29 centavos from its P56.555 finish on Thursday, Bankers Association of the Philippines data showed.

This was the peso’s best close in nearly seven months or since its P56.178 finish on Oct. 2, 2024.

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