The peso lost further ground against the US dollar on Tuesday, hitting
a four-month low as investors took positions in the greenback in
anticipation of the outcome of the latest United States Federal Reserve
policy meeting, which just started.
The peso continued to weaken against the US dollar on Tuesday as
investors took positions ahead of upcoming United States Federal Open
Market Committee (FOMC) meeting. The local currency opened at P44.75 to $1 on the Philippine Dealing System (PDS) before trading between P44.71 and P44.87 .
The Memorandum of Understanding between The Manila Times College and the
Caucasus University School of Journalism has been finalized with the
signing of the document by University President Dr. Kakha Shengelia at
CU’s campus in Tbilisi, Georgia.
CUSTOMERS of Manila Electric Co. (Meralco) can expect an automatic
refund once the National Power Corp. (NPC) and Power Sector Assets and
Liabilities Management (Psalm) paid back the more than P5 billion they
overcharged the power distribution firm from 2006 to 2012.
BACK TO 2008 The P1 rollback brings the jeepney fare to its level six
years ago, as this Times file photo of a barker in Manila shows. The minimum jeepney fare in Metro Manila was slashed by P1 on Thursday as local fuel prices continued to drop.