Rates Outlook: Importer demand to sway dollar-peso exchange rate 

(Editor’s Note: This outlook is subject to updates.)

Maria Christina “Yna” Virtudazo, Investment Counselor, Financial Markets Sector, Metrobank, said the dollar-peso fluctuation last week eventually ended with a 10-centavo uptick at 57.07. This week, the key support levels sit at 56.80 and 57.00, while resistance levels are at 57.10 and 57.30.