The Bangko Sentral ng Pilipinas (BSP) will allow the market to determine the foreign exchange rate but it will intervene when necessary to smoothen volatil.
Zobels sell remaining MWC holdings to Razon for P14 5-B philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Share prices rose Monday on bargain hunting. The peso closed down. The Philippine Stock Exchange index was up 64.09 points to 6,682.78, a 0.97 percent hike.
Razon to expand Manila Water s reach philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Casino-to-port billionaire Enrique Razon Jr is doubling down on his investment in Manila Water with the purchase of $252 million additional shares from Ayala Corp.