Source-linked briefing Business

Philippine Stocks Rise on Softer Inflation as Peso Sets New Record Low

Philippine Stocks Rise on Softer Inflation as Peso Sets New Record Low

The local bourse extended gains after August inflation eased in line with expectations. However, the peso weakened further to a fresh record low, underscoring lingering currency pressures.

Original headline

Stocks rise on easing inflation; peso plunges anew