P/$ Rate Closes at P41.68/$ 1
The peso exchange rate closed slightly higher at P41.68 to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from P41.69 last Wednesday. The weighted average rate depreciated to P41.641 from P41.58. Total volume amounted to $ 297.5 million.
BTr scraps 91-, 182-day sales
The government won't offer three- and six-month treasury bills in the second quarter, the schedule of auctions for the April-June period issued yesterday by the Bureau of Treasury (BTr) showed. In a notice to banks, Finance Undersecretary and acting National Treasurer Roberto Tan said the government will, instead, offer P6 billion worth 364-day treasury bills during each of the seven fortnightly …
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Publication information: Article title: P/$ Rate Closes at P41.68/$ 1. Contributors: Not available. Newspaper title: Manila Bulletin. Publication date: March 25, 2008. Page number: Not available. © 2009 Manila Bulletin Publishing Corp. COPYRIGHT 2008 Gale Group.
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