Peso rate closes at ₱56.098/$1

The peso closed stronger at

₱56.098 to a US dollar on Wednesday,

June 7, 2023 from

₱56.22 on June

6. The weighted average rate was at ₱56.076 from ₱56.204 previously. Meanwhile, total volume reached $841.55 million from $917.45 million, based on Bankers Association of the Philippines data.