Peso slips as market awaits Fed rate cut
THE PESO inched down against the dollar on Wednesday due to stronger-than-expected August US retail sales data and ahead of the US Federal Reserve’s policy announcement. The local unit closed at P55.72 per dollar on Wednesday, weakening by 2.5 centavos from its P55.695 finish on Tuesday, Bankers Association of the Philippines data showed. The peso […]
Tomas Kauer 
THE PESO inched down against the dollar on Wednesday due to stronger-than-expected August US retail sales data and ahead of the US Federal Reserve’s policy announcement. The local unit closed at P55.72 per dollar on Wednesday, weakening by 2.5 centavos from its P55.695 finish on Tuesday, Bankers Association of the Philippines data showed. The peso […]
