Peso closes at $1 = P54.8

The Philippine Peso on Wednesday, 8 February, strengthened against the US dollar after finishing the day at P54.8.

It opened the day at P55 and traded between P55.02 and P54.79.

The local currency’s average level for the day stood at P54.88.

Volume declined to $1.15 billion from day-ago’s $1.27 million.

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