Peso closes at $1 = P54.54

The Philippine peso on Friday, 20 January, finished the week strong at P54.54 versus the US dollar compared to the previous session’s P54.63.

It opened the day P54.75 and traded between P54.83 and P54.44.

The local currency’s average level for the day stood at P54.639.

Volume reached $1.05 billion, lower than the previous day’s $1.25 billion.

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