Stocks, peso decline on Fed rate hike, Russia-Ukraine conflict
Published on: Thursday 17 March 2022
MANILA – The main equities index and the peso ended the week in the negative Friday due partly to the hike in the Federal Reserve’s key rates and the ongoing conflict between Ukraine and Russia. After a three-day rally, the Philippine Stock Exchange index (PSEi) shed 1.61...
News source: https://www.pna.gov.ph/articles/1170139
