Peso closes at $1 = P54.435

The Philippine peso on Tuesday, 24 January, improved to P54.435 against the US dollar from its P54.54 finish on Monday.

It opened the day at P54.6, weaker than its P54.4 start in the previous session.

The local currency traded between P54.64 and P54.39, resulting in an average of P54.521.

Volume decreased to $1.05 billion from the previous session’s $1.24 billion.

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