THE PESO weakened on Tuesday as the dollar stayed near its three-month high ahead of the US presidential vote next week.
The local unit closed at P58.275 per dollar on Tuesday, weakening by five centavos from its P58.225 finish on Monday, Bankers Association of the Philippines data showed.
The peso opened Tuesday’s session stronger at P58.20 against the dollar. Its intraday best was at P58.13, while its worst showing was at P58.335 versus the greenback.
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