Monday, April 23, 2018
  • share this

Peso recovers further

By: - Reporter / @daxinq
/ 05:22 PM November 28, 2016

The peso is recovering. INQUIRER Photo

The peso firmed up further on Monday after flirting with the psychologically important P50:$1 level last week.

At the Philippine Dealing System (PDS), the local currency ended the trading session at P49.71 to the dollar, stronger than the P49.84 recorded on Friday.

The peso opened at P49.80 and weakened slightly to P49.83 before rising in the afternoon session to close at its strongest level for the day.


A total of $466.7 million we converted on the PDS, slightly less than last Friday’s $538.2 million.

Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: currency, Peso, peso-dollar exchange, Philippine business news updates
For feedback, complaints, or inquiries, contact us.

216 abused Filipino workers back from Kuwait

April 24, 2018 12:48 AM


Carlo Aquino’s advice to his younger self

April 24, 2018 12:47 AM


What Ruru has learned from breakups

April 24, 2018 12:43 AM


No more mimicking of other singers for Sarah G

April 24, 2018 12:36 AM


Arci Muñoz willing to propose to bf

April 24, 2018 12:15 AM

© Copyright 1997-2018 | All Rights Reserved