Peso strengthens vs dollar, highest in 13 months, says BSP

PTVPhilippines

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00:00The Philippine pesos value has recently increased against the U.S. dollar, reaching to 55 pesos and 44 centavos.

00:08Based on the data of Banco Central ng Pilipinas, or BSP, the local currency reached its highest value in the past 13 months.

00:16Last week, the value of peso against the dollar was 55 pesos and 93 centavos, before it climbed on Monday.

00:24This proves that the Philippines trade with other countries are continuously growing and the foreign investors are now entering our country.

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