P/$ rate closes at P48.62/$1

Published March 4, 2021, 5:43 PM

by MB Business

The peso closed lower  at P48.62  to the US dollar Thursday, (March 4)  from  P48.48 the previous day.  The weighted  average rate  depreciated   to  P48.573  from P48.531.  Total volume amounted  to  $817.23 million, according to the Bankers Association of the Philippines.

 
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