Monday markets: Peso-dollar rate at P48.19; stocks lower | mb.com.ph | Philippine News
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Monday markets: Peso-dollar rate at P48.19; stocks lower

PSE and PH money

The trading week commenced with the peso and stock market in opposite directions Monday, October 24.

The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) closed at P48.19, stronger than Friday’s (October 21) rate at P48.33.

At the Bangko Sentral ng Pilipinas reference exchange rate bulletin, the exchange rate was pegged at P48.28 to the greenback.

On the other hand, the bellwether Philippine Stock Exchange Index (PSEi) lost 40.91 points (0.53%) to close at 7,609.31.

The all-shares index also slipped by 19.16 points (0.42%) at 4,498.95.