Peso gains ground vs dollar at P49:$1

By Mayvelin U Caraballo

Nov 13, 2021 12:19 am

THE Philippine peso had its strongest day in almost two months after returning to the P49 to a US dollar territory on Friday.

The local currency ended the day at $49.85:$1, up 31 centavos from the previous day's close of P50.16. It hasn't reached this level since September 15 of this year, when it closed at P49.79 to $1.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Declining oil prices to boost disinflation

PSEi tops 7,400; peso almost slips to P56:$1

Peso expected to hit P55.30:$1 by yearend

Approved construction projects dip

DA launches high-tech service for agri co-ops

Corporate regulator opens office in Koronadal

Paradoxes of AI in business education