By MB Online
The peso and stock market ended mixed on Thursday, January 12.
The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) closed at P49.48, much better than Wednesday’s (January 11) rate at P49.62.
At the Bangko Sentral ng Pilipinas (BSP) reference exchange rate bulletin, the exchange rate settled on P 49.56 to the greenback.
In contrast, the Philippine Stock Exchange Index (PSEi) extended its losses, shedding 57.27 points (0.78 %) to close at 7,264.55.
The all-shares index also went down by 28.29 points (0.64%) at 4,379.98.