The Philippine central bank said that as a matter of protocol, it will suspend work as well. This means clearing and settlement of banking transactions, including those in the spot currency market, will be suspended as well on Tuesday.
The Philippine Stock Exchange recalled its earlier announcement that trading will resume Tuesday. This is the second day in a row that trading on Philippine financial markets will be cancelled.
Classes have been suspended on Monday night.http://blogs.wsj.com/searealtime/2013/08/20/torrential-rains-forces-closure-of-philippine-government-office/
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