![Peso falls_0322](https://firstmetro.com.ph/wp-content/uploads/2024/03/Peso-falls_0322.jpg)
- The Philippine peso weakened after strengthening the previous day and the domestic share market declined.
- USD/PHP rises 0.2% to 56.1300 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index falls 0.1% to 91.39
** USD/PHP one-month implied volatility is at 4.35%, up from 4.235% on Thursday
** USD/PHP 200-DMA currently around 55.983; 100-DMA 55.889; 50-DMA 55.966 - The Philippines’ 10-year bond yield fell 2 bps to 6.20% on Thursday
- The PSEi Index of shares falls 0.8% to 6,907.85 on the day; poised to break a 2-day winning streak
** Global investors bought a net $7.73 million of Philippine stocks on Thursday, according to exchange data