P/$ rate closes at P48 025/$1 – Manila Bulletin mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Federico C. Pascual
Pascual was first appointed as an independent director of the Bank in 2014 and currently serves as independent director of five of PNB’s subsidiaries and affiliate.
He is also a member of the Bureau of Customs’ Multi-Sectoral Governing Council and holds key leadership positions in various businesses.
His past experiences include a 20-year stint at PNB as well as leadership roles in organizations such as Government Service Insurance System, National Reinsurance Corporation, Department of Trade and Industry, Philippine Stock Exchange, Cultural Center of the Philippines, Bankers Association of the Philippines, Philippine National Construction Corporation, and San Miguel Corporation.
P/$ rate closes at P48 05/$1 – Manila Bulletin mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
BusinessWorld
May 3, 2021 | 12:02 am
BW FILE PHOTO
THE PESO could weaken anew this week on expectations that the inflation rate is likely faster and amid preference for the dollar due to the brighter prospects of the US economy.
On Friday, the local unit finished at P48.10 per dollar, powering by 21.5 centavos from its P48.315 close on Thursday, based on data from the Bankers Association of the Philippines.
The peso’s Friday close is its best in more than two months or since Feb. 15 when it ended trading at P47.93.
The local unit also strengthened by 28.1 centavos from its P48.381 close on April 23.
Peso surges to two-month high vs dollar
April 30, 2021 | 6:16 pm
BW FILE PHOTO
THE PESO closed at a two-month high versus the greenback on Friday on profit-taking and as the country’s balance of payments (BoP) gap narrowed in March.
The local unit closed at P48.10 per dollar on Friday, stronger by 21.5 centavos than its P48.315 finish on Thursday, data from the Bankers Association of the Philippines showed.
This was its strongest in more than two months or since its P47.93-per-dollar finish on Feb. 15.
The local unit also appreciated by 28.1 centavos from its P48.381 close on April 23.
The peso opened Friday’s session stronger at P48.27 per dollar. It reached a peak of P48.099, while its intraday low was at P48.28 against the greenback.