GMA News
Foreign exchange trading has resumed, BSP says
The Philippine Stock Exchange (PSE) will resume trading on Thursday, March 19, after securing an exemption from the Inter-Agency Task Force (IATF).
Trading activities will be conducted remotely offsite as the PSE trading floor will remain closed to comply with the government's directive to avoid mass gatherings.
The capital markets were not among the essential businesses initially listed as exempted from the closure order, leading to the PSE's indefinite suspension of trading.
Meanwhile, foreign exchange trading, specifically Philippine peso to US dollar and government securities, also resumed on Wednesday after trading platforms were granted exemption from the enhanced community quarantine.
These trading platforms assured authorities that necessary safeguards for employees' safety are in place.
Shorter trading hours for the PSE will continue, with trading starting at 9:30 a.m. and closing at 1:00 p.m.
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