The peso closed  higher  at P48.05  to the US dollar Monday, (May 3)  from P48.10 last Friday.   The weighted average rate appreciated to P48.088  from P48.156. Total volume amounted to $885.2 million, according to the Bankers Association of the Philippines.

Source: Manila Bulletin (https://mb.com.ph/2021/05/03/p-rate-closes-at-p48-05-1-3/?utm_source=rss&utm_medium=rss&utm_campaign=p-rate-closes-at-p48-05-1-3)