The peso closed  higher  at P47.695 to the US dollar Monday, (May 31)  from P47.80  last Friday. The weighted average rate appreciated to P47.723  from P47.901. Total volume amounted to $878.5 million according to the Bankers Association of the Philippines.

Source: Manila Bulletin (https://mb.com.ph/2021/05/31/p-rate-closes-at-p47-695-1/?utm_source=rss&utm_medium=rss&utm_campaign=p-rate-closes-at-p47-695-1)