Philippine Peso Rises as Trading Resumes; Stocks to Reopen

Philippine peso gains the most in a year, erases early losses
Stock bourse to reopen March 19 with all trading done remotely

A woman walks through the lobby of the Philippine Stock Exchange tower in Metro Manila, the Philippines, on March 17.Photographer: Veejay Villafranca/Bloomberg

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By Ditas B Lopez and Claire Jiao

March 17, 2020 at 7:08 PM EDT

Updated on

March 18, 2020 at 5:13 AM EDT

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The Philippine peso rose the most in a year while bonds fell as trading resumed Wednesday after a one-day suspension prompted by the lockdown of the main Luzon island.

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