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P/$ rate closes at P48.35/$1

Business

P/$ rate closes at P48.35/$1

By MB Business

The peso closed higher at P48.35 to the US dollar Monday, (April 19) from P48.38 last Friday. The weighted average rate depreciated to P48.399 from P48.393. Total volume amounted to $784.3 million, according to the Bankers Association of the Philippines.

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