The peso closed lower at P48.725 to the US dollar Wednesday, (March 17) from P48.635 the previous day. The weighted average rate  depreciated  to  P48.658  from P48.568. Total volume amounted  to $793.7 million, according to the Bankers Association of the Philippines.


Source: Manila Bulletin (https://mb.com.ph/2021/03/17/p-rate-closes-at-p48-725-1/?utm_source=rss&utm_medium=rss&utm_campaign=p-rate-closes-at-p48-725-1)