![Peso rises_0301](https://firstmetro.com.ph/wp-content/uploads/2024/03/Peso-rises_0301.jpg)
- The Philippine peso strengthened for a second day and the domestic share market was flat.
- USD/PHP falls 0.2% to 56.0750 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed; the Bloomberg Asia Dollar index little changed at 91.54
** USD/PHP one-month implied volatility is at 4.71%, down from 4.775% on Thursday
** USD/PHP 200-DMA currently around 55.987; 100-DMA 56.045; 50-DMA 55.953 - The Philippines’ 10-year bond yield was little changed at 6.24% on Thursday
- The PSEi Index of shares is little changed at 6,943.61 on the day
** Global investors bought a net $7.77 million of Philippine stocks on Thursday, according to exchange data