Philippines exempts financial markets from coronavirus shutdown


The Philippines became the first country on Tuesday to close its financial markets due to the outbreak after some bourses around the world closed trading floors or paused trade after big falls in market value.

MANILA/SINGAPORE: The Philippines exempted its financial trading platforms from strict coronavirus quarantine procedures on Tuesday, paving the way for the resumption of trading at its stock, bond and foreign exchange markets this week, government officials said.

The Philippines became the first country on Tuesday to close its financial markets due to the outbreak after some bourses around the world closed trading floors or paused trade after big falls in market value.

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