Monday markets: Peso-dollar rate at P48.52; stocks down | mb.com.ph | Philippine News
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Monday markets: Peso-dollar rate at P48.52; stocks down

PSE and PH money

The peso and stock market ended the trading week weaker today, October 17.

The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) closed at P48.52, lower than Friday’s (October 14) rate at P48.44.

At the Bangko Sentral ng Pilipinas reference exchange rate bulletin, the exchange rate was pegged at P 48.34 to the greenback.

The benchmark Philippine Stock Exchange Index (PSEi) also decreased by 31.09 points (0.42%) to close at 7,358.21.

The all-shares index also closed lower by 35.12 points (0.80%) at 4,367.57