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.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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