Peso hits P48.015 against US dollar before ending at P48.02

January 4, 2021

The peso hit an intraday high of P48.015 against the US dollar before settling at P48.02 on Monday.

Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $873.75 million. On Dec 29, the last trading day of 2020, the peso closed at P48.023 against the US dollar.

The Philippine Stock Exchange index (PSEi) ended 57.79 points higher to close at 7,197.50 points on Monday, the first day of trading for 2021.

Volume reached 21.55 billion shares worth P10.03 billion from Dec 29 when it got 95.98 billion shares valued at P11.11 billion.

Most active shares were led by Dito CME Holdings, up P2.12 to P13.02; MerryMart, up P1.81 to P7.99 and AC Energy Philippines,P1.20 to P10.20. DMS