Peso gains as growth, fuel concerns weigh on PSEi
The peso gained slightly against the US dollar on Tuesday, while Philippine shares ended lower as concerns over weaker economic growth and elevated fuel prices weighed on investor sentiment. The local currency closed at 62.72 to the dollar, stronger than Monday’s 62.78 finish. It opened at 62.65 and traded between 62.64 and 62.72, averaging 62.69…