R/$ rate closes at R49.48/$1

Manila Bulletin - - Business -

The peso closed higher at R49.48 to the US dol­lar yes­ter­day at the Philip­pine Deal­ing & Ex­change Corp. (PDEx) from R49.625 the pre­vi­ous day. The weighted av­er­age rate ap­pre­ci­ated to R49.53 from R49.564. To­tal vol­ume amounted to $588.7 mil­lion.

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