The peso closed at 57 against the dollar yesterday, after shedding 19.2 centavos from Monday’s 56.808 finish, data from the Bankers Association of the Philippines showed.
The local currency opened weaker at 56.85 and lost steam to hit an intraday low of 57. The peso’s intraday high was at 56.85.MANILA, Philippines —
“Yields charged higher as stronger-than-expected US data and the prospects of higher oil prices forced a majority to rethink the US Federal Reserve outlook for rate cuts,” Mapa said.Hangout spots, lasting memories: Your guide to a cool summer at SM Supermalls5x NBA Champion Derek Fisher to visit Philippines on April 17 for meet and greet hosted by vivoGlobal Dominion continues to empower Filipinos to achieve their dreamsThe Metro Pacific Tollways Corp.
A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll...
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