Thursday markets: Peso-dollar rate at P48.34; stocks bleed | mb.com.ph | Philippine News
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Thursday markets: Peso-dollar rate at P48.34; stocks bleed

PSE and PH money

The peso and stock market ended mixed today, October 13.

The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) closed at P48.34, stronger than Wednesday’s (October 12) rate at P48.54.

At the Bangko Sentral ng Pilipinas reference exchange rate bulletin, the exchange rate was pegged at P48.58 to the greenback.

Meanwhile, the benchmark Philippine Stock Exchange Index (PSEi) bled 117.64 points (1.58%) to close at 7,312.18.

The all-shares index also dropped 60.24 points (1.34%) at 4,369.60.