Peso gains 5 centavos on Friday

MANILA, Philippines - The peso closed the week with a 5-centavo improvement from its previous close against the dollar, settling at 44.72 from the previous day's 44.77.

Total volume transacted at the Philippine Dealing System amounted to $1.077 billion, higher than the $878.5 million posted on Thursday.

The peso opened Friday at 44.74.

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