THE peso gained further against the dollar on Friday but the stock market faltered for a mixed close to the trading week.

The currency strengthened by nine centavos to P54.54:$1, a result that Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort noted came ahead of next week's announcement of 2022 gross domestic product (GDP) growth data.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details