PH reopens bond, forex trading; stock market set to open Thursday
The Philippines reopened its bond and foreign exchange trading on Wednesday, with plans to reopen the stock market on Thursday under strict social distancing measures.
Financial institutions will operate without mass gatherings as per government guidelines to combat COVID-19.
On Tuesday, the Philippine Stock Exchange (PSE) suspended operations due to the Luzon-wide lockdown but has since requested an exemption from the Inter-Agency Task Force (IATF).
The IATF granted exemptions to financial market utilities after they assured authorities of necessary safety measures for employees and the community.
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