Friday markets: Peso-dollar rate at P48.33; stocks in the red | mb.com.ph | Philippine News
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Friday markets: Peso-dollar rate at P48.33; stocks in the red

PSE and PH money

The peso and stock market capped the trading week in the red Friday, October 21.

The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) closed at P48.33, weaker than Thursday’s (October 20) rate at P48.10.

At the Bangko Sentral ng Pilipinas reference exchange rate bulletin, the exchange rate was pegged at P48.04 to the greenback.

Meanwhile, the benchmark Philippine Stock Exchange Index (PSEi) shed 63.10 points (0.82%) to close at 7,650.22.

The all-shares index also slid by 18.79 points (0.41%) at 4,518.11.