{"id":140629,"date":"2017-12-20T00:39:54","date_gmt":"2017-12-20T05:39:54","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=140629"},"modified":"2017-12-20T00:39:54","modified_gmt":"2017-12-20T05:39:54","slug":"peso-stays-firm-vs-usd-psei-down-on-profit-taking","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/12\/20\/peso-stays-firm-vs-usd-psei-down-on-profit-taking\/","title":{"rendered":"Peso stays firm vs USD; PSEi down on profit-taking"},"content":{"rendered":"<figure id=\"attachment_115219\" aria-describedby=\"caption-attachment-115219\" style=\"width: 1600px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/6960386127_0daf5b0a1d_h.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-115219\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/6960386127_0daf5b0a1d_h.jpg\" alt=\"The local currency ended the day at 50.39 from 50.48 a day ago, which a trader pointed to remittance inflows.(Photo by Debbie Tingzon\/Flickr, CC BY 2.0)\" width=\"1600\" height=\"1200\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/6960386127_0daf5b0a1d_h.jpg 1600w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/6960386127_0daf5b0a1d_h-300x225.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/6960386127_0daf5b0a1d_h-768x576.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/6960386127_0daf5b0a1d_h-1024x768.jpg 1024w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/a><figcaption id=\"caption-attachment-115219\" class=\"wp-caption-text\">The local currency ended the day at 50.39 from 50.48 a day ago, which a trader pointed to remittance inflows. (<a href=\"https:\/\/www.flickr.com\/photos\/ilove9and23\/6960386127\/in\/photolist-bB4Nin-VpQg3F-VmZNCL-frZhSt-4AQGqD-Vn9uYj-pP9cfu-b1Zj2k-8ZaZBs-7z2UBz-996akf-7z2W7P-Vn27xG-WzCxC3-7z2HkZ-zJdzmi-7z2JJ2-6zge5q-7z6rqQ-7z2KGk-7z6uYL-7z2KAt-7z6uGw-7z6vNY-7z2Lr2-7z6xmU-7z6Gmo-7z2X9z-7z2Z6r-7z6rVS-7z2EFD-7z2YsZ-7z2RAK-7z6rbL-7z6Ehu-7z6rxu-7z2WMB-7z2ESx-7z2Hrr-7z2Xea-7z2QuH-7z6q4W-7z6GgJ-7z6Dnj-7z6JsC-7z2YYr-a4h1m-w2uQ6-7z2EmX-7z2H4x\">Photo<\/a> by <a href=\"https:\/\/www.flickr.com\/photos\/ilove9and23\/\">Debbie Tingzon\/Flickr<\/a>, <a href=\"https:\/\/creativecommons.org\/licenses\/by\/2.0\/\">CC BY 2.0<\/a>)<\/figcaption><\/figure>\n<p>MANILA\u2014 Seasonal inflows from overseas Filipinos in time for the Christmas holiday boosted the Philippine peso Tuesday but the main stocks index fell on profit-taking.<\/p>\n<p>The local currency ended the day at 50.39 from 50.48 a day ago, which a trader pointed to remittance inflows.<\/p>\n<p>It opened the day flat at 50.43, which the trader said was due to combination of factors like lesser corporate demand and the negative performance in the equities market.<\/p>\n<p>It traded between 50.38 and 50.53, resulting an average of 50.46.<\/p>\n<p>Volume for the day reached USD604.7 million, higher than the USD467.15 million a day ago.<\/p>\n<p>The currency pair is seen to trade between 50.30 and 50.50 Wednesday.<\/p>\n<p>On the other hand, the Philippine Stock Exchange index (PSEi) lost 0.68 percent, or 56.86 points, to 8,365.96 points after recovery Monday.<\/p>\n<p>The trader said dealers booked profit after the main index\u2019 improvement a day ago.<\/p>\n<p>Most of the other indices tracked the main gauge, with the broader All Shares down by 0.16 percent, or 7.65 points, to 4,902.14 points.<\/p>\n<p>Services registered the biggest drop at 1.83 percent followed by the Mining and Oil, 1.35 percent; Financials, 1.17 percent; Industrial, 1.03 percent; and Holding Firms, 0.30 percent.<\/p>\n<p>Property was the sole gainer for the day after it rose 0.19 percent.<\/p>\n<p>Volume for the day reached 1.56 billion shares amounting to PHP6.87 billion.<\/p>\n<p>Losers led gainers at 116 to 89 while 47 shares were unchanged.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014 Seasonal inflows from overseas Filipinos in time for the Christmas holiday boosted the Philippine peso Tuesday but the main &hellip;<\/p>\n","protected":false},"author":33,"featured_media":115219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[39801,39800,15398],"class_list":["post-140629","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-local-currency","tag-peso-stays-firm-vs-usd-psei-down-on-profit-taking","tag-philippine-peso","mauthors-joann-villanueva","mauthors-antara-via-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/140629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=140629"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/140629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/115219"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=140629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=140629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=140629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}