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Business

Peso closes at 45.12

The Philippine Star
January 16, 2014 | 3:45pm

MANILA, Philippines - The peso further weakened on Thursday against the greenback after closing at 45.12, weaker than the previous day's 45.

Total volume amounted to $816.4 million, lower than Wednesday's $912.9 million.

The peso's continued decline comes as uncertainty surrounds the United States Federal Reserve's decision on the speed and duration of its tapering.

AMOUNTED

CLOSING

COMES

CONTINUED

DAY

DECISION

DECLINE

DURATION

MILLION

PESO

UNITED STATES FEDERAL RESERVE
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