Peso slips, breaches 44 level midday Monday

MANILA, Philippines - The peso breached the 44 level midday Monday, dipping to $44.079 from the previous day's 43.91.

Total volume transacted at the Philippine Dealing System amounted to $382.7 million in the morning, lower than the $636.1 million posted the same period on Friday.

The peso opened the week at 44.12.

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