Peso up on gov t euro bond offer - BusinessWorld bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Bangko Sentral receives two applications for digital banking licenses bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
BusinessWorld
April 18, 2021 | 8:35 pm
BW FILE PHOTO
THE PESO is likely to appreciate against the greenback this week amid flows from tax payments and improved sentiment due to better global corporate earnings.
The peso finished at P48.38 a dollar on Friday, gaining six centavos from its P48.44 close on Thursday, based on data from the Bankers Association of the Philippines.
It also strengthened by 16 centavos against its P48.54 finish on April 8. The market was closed on April 9 for the Day of Valor.
Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort attributed the peso’s strength last week to positive sentiment after the announcement of a new priority group for vaccination that includes economic frontliners.
BSP fully awards one-month bills - BusinessWorld bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.