Peso strengthens on US debt deal

17 Oct

By 

The peso strengthened against the dollar on Thursday in line with gains made by Asian currencies on the US Congress’ last-minute approval of a deal ending a partial government shutdown and averting a historic debt default.

The local currency gained 12.5 centavos to close at 43.065:$1 from Wednesday’s 43.19. Trade volume rose to $914.5 million from $533.5 million.

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