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Article: P/$ rate closes at P56.275 to $1.(Business)
- Article from:
- Manila Bulletin
- Article date:
- October 5, 2004
CopyrightCOPYRIGHT 2004 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The peso closed higher at P56.275 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P56.30 last Friday. The weighted average rate depreciated to R56.298 from P56.271. Total volume amounted to $148 million.
ECoP puts up institute
The Employers Confederation of the Philippines (ECoP) has established an institute to help small business in coping with the pressing demands of a global standard in quality and productivity.
Lawyer Rene Y. Soriano, ECoP President, has appointed Feliciano L. Torres and Raul C. Hernandez as Chairman and President, respectively of the Employers Institute for ...