Peso up as oil prices stay near 2-week low on OPEC forecasts




THE PESO recovered against the dollar on Wednesday as global oil prices stayed near a two-week low after the Organization of the Petroleum Exporting Countries’ (OPEC) downward revision of its global demand growth forecasts. The local unit closed at P58.735 per dollar on Wednesday, strengthening by 9.6 centavos from its P58.831 finish on Tuesday, Bankers […]



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