P/$ rate closes at P48.635/$1

Published March 16, 2021, 5:13 PM

by MB Business

The peso closed lower at P48.635 to the US dollar Tuesday, (March  16),  from P48.54 the previous day. The weighted average rate  depreciated  to  P48.568  from P48.493. Total volume amounted  to $721.9 million, according to the Bankers Association of the Philippines.

 
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