The Philippine Dealing System PDS, through which the banks buy and sell currency,
saw the peso open on Thursday at 45.550, weaker than WednesdayÆs close of 45.500.
On Wednesday, the peso sank to a record low of 45.840.
From there, the peso weakened further to 45.560 by 10am with a trading volume
of only $16.0 million. Where were the players At this volume, they were waiting
for the Bangko Sentral ng...