Ayala Land Inc. has a major presence in Cebu City. PHOTO FROM AYALA LAND WEBSITE
Ayala Land Inc. has a major presence in Cebu City. PHOTO FROM AYALA LAND WEBSITE

REAL estate company Ayala Land Inc. (ALI) decreased by 3.42 percent week on week, or from P27.80 to P26.85, as the local market was heavily influenced anew by the statements of the Federal Reserve Bank, the devaluation of the Philippine peso and the recent monetary policy of the Bangko Sentral ng Pilipinas.

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