No official FX spot market on July 20 – BAP

no official fx spot market on july 20 bap

Sumary of No official FX spot market on July 20 – BAP:

  • [mashshare] No official FX spot market on July 20 – BAP The Bankers Association of the Philippines (BAP) reaffirmed the central bank’s previous statement that there were no peso-US dollar trading that went on last Tuesday, July 20, which was a holiday.
  • “(There was) no official US dollar-Philippine peso rates (that) were published on July 20, 2021 as the foreign exchange interbank spot market is closed,” said the BAP.
  • Diokno said on Wednesday that a price error or a glitch was what occurred when the peso had a “flash crash” from P50-level to P43 from a foreign exchange trading app.

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