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Saturday, February 24, 2018

Friday markets: Peso-dollar rate at P49.76; stocks gain


By MB Online

The peso and stock market ended the trading week in positive territory on Friday, April 21.




The Philippine peso–US dollar exchange rate at the Philippine Dealing and Exchange Corporation (PDEX) settled at P49.76, stronger than Thursday’s (April 20) rate at P49.83.

At the Bangko Sentral ng Pilipinas (BSP) reference exchange rate bulletin, the exchange rate settled at P49.81 to the greenback.

The benchmark Philippine Stock Exchange Index (PSEi), likewise, closed slightly higher by 14.71 points (0.19%) to settle at 7,578.16.

The all-shares index also climbed by 10.89 points (0.24%) at 4,532.10.

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