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==[[Philippines News|News from the Philippines]]== | ==[[Philippines News|News from the Philippines]]== | ||
*'''Peso strengthens | *'''Peso strengthens further ahead of US data, RRR cuts''' | ||
*Friday, May 24, 2019 | *Friday, May 24, 2019 | ||
: | :THE PESO strengthened further against the dollar on Friday ahead of US data and the implementation of the first wave of reductions in banks’ reserve requirement ratios (RRR). | ||
:The local currency | :The local currency closed at P52.16 against the greenback on Friday, higher by 34 centavos versus its previous finish of P52.50 per dollar ........... [https://www.bworldonline.com/peso-strengthens-further-ahead-of-us-data-rrr-cuts/<font size=4 color=green>Full Story»</font>] | ||
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*''' | *'''Peso strengthens as market on wait-and-see mode on global uncertainty''' | ||
* | *Friday, May 24, 2019 | ||
:The | :The Philippine peso strengthened against the US dollar on Thursday, as the market was on a wait-and-see mode given uncertainty in the global economy. | ||
: | :The local currency gained 3 centavos to close at P52.50:$1 versus Wednesday's P52.53:$1 ........... [https://www.gmanetwork.com/news/money/economy/695443/peso-strengthens-as-market-on-wait-and-see-mode-on-global-uncertainty/story/<font size=4 color=green>Full Story»</font>] | ||
==Independent Philippine Cities== | ==Independent Philippine Cities== |
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