• Peso hits near one-month high on Fed cut bets

    Source: Buzz FX / 03 Dec 2024 08:36:23   America/Chicago


    THE PESO appreciated to a near one-month high against the dollar on Tuesday after a US Federal Reserve official hinted at a rate cut this month.
    The local unit closed at P58.58 per dollar on Tuesday, rising by 7.5 centavos from its P58.655
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