Peso falls over US, eurozone concerns

Peso falls over US, eurozone concerns:

Peso falls over US, eurozone concerns

MANILA, Philippines—The peso fell on Tuesday as lingering concerns over the US and eurozone economies make investors hesitant to purchase emerging market securities.

The local currency closed at 42.29 against the US dollar, down by 3 centavos from the previous day’s finish of 42.26:$1.

Intraday high hit 42.25:$1, while intraday low settled at 42.38:$1. Volume of trade amounted to $921.82 million from $782.2 million previously.

The depreciation of the peso and some other Asian curren...

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