The local currency closed at P55.29 versus the greenback on Thursday, dropping by 49 centavos from Wednesday’s P54.80 close, data from the Bankers Association of the Philippines showed. READ:
THE PESO weakened against the
The local currency closed at P55.29 versus the greenback on Thursday, dropping by 49 centavos from Wednesday’s P54.80 close, data from the Bankers Association of the Philippines showed.
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Peso extends winning streak, hits 6-month highThe local currency appreciated by 7 centavos to close at P54.80:$1 versus its previous finish of P54.87:$1. This is the strongest since the peso closed at P54.77:$1 on June 28, 2022.
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Class cancellations for Thursday, January 12, 2023WalangPasok: Classes for Thursday, January 12, 2023, have been canceled in some areas due to inclement weather. Refresh this page for updates.
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Airlines hope for return to normal Thursday after FAA outage snarls U.S. travelThe U.S. aviation sector was struggling to return to normal on Wednesday following a nationwide ground stop imposed by the Federal Aviation Administration over a computer issue that forced a 90-minute halt to all U.S. departing flights. | Reuters
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Peso hits strongest level in six monthsThis happened as, according to ING Bank, the foreign exchange markets continued to trade with cautious optimism on the view that a slowdown in the United States can rein in further interest rate hikes by the US Federal Reserve. READ:
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