"Asian currencies moved in tight ranges on Thursday as the year-end festive season and continuing wariness about the US economy kept investors sidelined.
The Philippine peso hovered near 41.84 per dollar, flat on Wednesday's close, after briefly hitting 41.72 in early trade.
A small majority of analysts polled by Reuters expected the Philippine central bank to cut its overnight rate by 25 basis points to 5.25 percent later on Thursday, matching the US Federal Reserve's latest move."
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