Stocks recover, peso slides on US Treasury yield hike - pna.gov.ph


4/8/2022 12:00:00 AM3 yearsago
by Joann Villanueva

MANILA – The main equities index recovered and rose to the 7,000-level on Friday but the peso weakened against the US dollar following the decline in the prices of oil in the international market.  The Philippine Stock Exchange index (PSEi) inched up by 1.33 …

REBOUNDS. The Philippine Stock Exchange index (PSEi) recovers on Friday (April 8, 2022) as investors continue to digest hawkish Federal Reserve officials' statements on policy rates. However, the pes… [+97 chars]

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