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

PSE and PH money

The peso and stock market both ended lower Tuesday, October 25.

The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) closed at P48.34, weaker than Monday’s (October 24) rate at P48.19.

At the Bangko Sentral ng Pilipinas reference exchange rate bulletin, the exchange rate was pegged at P48.29 to the greenback.

Likewise, the bellwether Philippine Stock Exchange Index (PSEi) shed 29.09 points (0.38%) to close at 7,580.22.

The all-shares index also slipped by 7.86 points (0.18%) at 4,491.09.