P/$ rate closes at P47.81/$1

Business / Banking and Finance / P/$ rate closes at P47.81/$1

P/$ rate closes at P47.81/$1

Published May 11, 2021, 4:38 PM

The peso closed higher at P47.81 to the US dollar Tuesday, (May 11) from P47.865 the previous day. The weighted average rate depreciated to P47.87 from P47.825. Total volume amounted to $837 million, according to the Bankers Association of the Philippines.

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