Despite economic uncertainty amongst the doldrums of the covid-19 virus, the Philippine peso continued to display its remarkable resiliency—ending the week sideways against the dollar.
The local currency ended the week at 51.00 from 51.07 the previous day.
Opening at 50.888, stronger than its 50.98 start in the previous session.
It traded between 51.05 and 50.83, resulting in an average of 50.905.
Volume totalled to USD456.2 million, higher than Thursday’s USD420.1 million.