Latest Breaking News On - Uot limlingan said the consumer price index cpi in us decelerated to an annual growth of 8 3 percent last august from previous month 39s 5 - Page 1 : comparemela.com
MIXED ANEW. The main stocks index recovered on Tuesday (Sept. 20, 2022) amidst expectations for another large rate hike from the Federal Reserve this week. However, the peso registered another record-low against the US dollar as the latter is expected to remain attractive given the outcomes in the Fed's key rates. (PNA graphics) MANILA - The main stocks index recovered on Tuesday amidst expectations for another hike in the Federal Reserve's key rates but the peso posted a fresh all time-low against the US dollar, its seventh so far this year. Although the local currency sustained its sideways close against the US dollar and finished Tuesday at 57.48 from 57.4 a day ago, its latest close is the weakest to date. It opened the day's trade at 57.4 and traded between 57.5 and 57.355. The average level for the day stood at 57.42. Volume rose to USD967 million from USD508.4 million a day ago. Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said the loc