Peso bounces back to P50:$1

By Jordeene B. Lagare

Mar 25, 2020 12:18 am

THE Philippine peso strengthened against the US dollar on Tuesday, returning to the P50:$1 level on the back of monetary policy developments here and abroad.

Opening at P51.2, the peso gained 43 centavos to close at P50.9 versus the greenback from Monday’s P51.33:$1 finish.

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