Dow Jones Industrial Average - down 13.65 points (-0.10%) to close at 13542.88
From the Manila Bulletin Business Pages
The peso is at a 7-year high. It closed at PhP 46.31 per US dollar and is at its highest since Oct, 2, 2007. Volume reached a whopping $971.85 mn
Inflation still tame-BSP. The country's inflation rate rose to 2.3% in April from a seven-year low of 2.2% in March
Yields on bills were mixed at yesterday's Bureau of Treasury auction.The 91-day T-bill fell to 2.996% from 3.044%. The 182-day day surged to 4.274% from 3.721% and the one year paper jumped in yield to 5.174% from 3.820%, although this is partly a reflection of the long period since the government last issued the 364-day paper - not since the Feb 19 auction.
Tuesday, May 22, 2007
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