Shares drop on delays in gov’t vaccine program

PHILIPPINE SHARES closed in the red on Wednesday as investors processed President Rodrigo R. Duterte’s decision to keep Metro Manila under strict quarantine measures until the country’s inoculation program begins. The Philippine Stock Exchange Index (PSEi) declined by 58.72 points or 0.86% to close at 6,755.95, while the broader all shares index fell 41.56 points or 1% to end at…

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Peso climbs vs dollar ahead of Powell remarks

THE PESO strengthened against the greenback on Tuesday as the dollar sank to a one-month low and amid expectations of supportive monetary policy from the US Federal Reserve. The local unit closed at P48.64 versus the dollar on Tuesday, gaining six centavos from its Monday’s finish of P48.70, data from the Bankers Association of the Philippines showed. The peso opened…

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Peso sinks to six-month low

THE PESO retreated against the greenback on Monday to log its weakest close in six months amid market expectations of a recovery in imports amid vaccine procurement developments. The local unit ended at P48.70 a dollar on Monday, shedding 24.9 centavos from its P48.451 finish on Friday, data from the Bankers Association of the Philippines. This is also its weakest…

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Peso to rise on hopes of eased quarantine

THE PESO could bounce back against the greenback this week on hopes that more businesses could reopen by March. The local unit ended trading at P48.451 per dollar on Friday, barely changed from its P48.50 close on Thursday, data from the Bankers Association of the Philippines showed. Week on week, however, the peso shed 40.6 centavos from its finish of…

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Why not learn more about ?

Important Tips About Successful Software Management To have the best knowledge of the software management is part of the things that can be great for your business today. If you would need to keep your business expenses and budget in order there is a need to look at the kind of the software management work that you do put to…

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A Beginners Guide To

What Entails Securing Start Up Funding When looking forward to ensuring that there is enough income there are various strategies that a person can take. Today one of the best ways to ensure that you have stable income is by investing. One of the best ways to invest is starting a business or a company. When looking forward to starting…

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