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Wednesday, February 22, 2017 30° Partly sunny

Thursday markets: Peso-dollar rate at P49.97; stocks recover

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By MB Online

The peso and the stock market ended in opposite directions on Thursday, February 16.

MANILA BULLETIN

MANILA BULLETIN

The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) closed at P49.97, slightly weaker than Wednesday’s (February 15) rate at P49.92.

The 30-share Philippine Stock Exchange Index (PSEi) climbed 108.95 points (1.52%) to close at 7,283.25 while the All-Shares index also added 45.54 points (1.05%) to close at 4,401.79 points.

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