P/$ rate closes at P48.48/$1

Business / Banking and Finance / P/$ rate closes at P48.48/$1

P/$ rate closes at P48.48/$1

Published March 9, 2021, 5:09 PM

The peso closed higher at P48.48 to the US dollar Tuesday, (March 9) from P48.561 the previous day. The weighted average rate appreciated to P48.544 from P48.564. Total volume amounted to $890.25 million, according to the Bankers Association of the Philippines.

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