SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
MANILA, Philippines – (UPDATED) The Philippine Stock Exchange (PSE) suspended trading on Monday, December 8, as Typhoon Ruby was set to make a 3rd landfall over the northern part of the Mindoro provinces and make its way to Metro Manila Monday night.
Bank clearing and settlement operations were also suspended Monday, according to the Bangko Sentral ng Pilipinas.
“Following the announcement by Malacañang of work suspension in government offices in Metro Manila, the Bangko Sentral ng Pilipinas said clearing operations for today, December 8, are suspended,” the BSP said in a statement.
In its 5 am bulletin on Monday, the state weather bureau said Ruby packs maximum sustained winds of 120 km/h near the center and gustiness of up to 150 km/h.
Ruby weakened overnight after it registered on Sunday, December 7, maximum sustained winds of 140 km/h and gustiness of up to 170 km/h.
Ruby will affect Metro Manila on Monday evening. The Philippines’ flood-prone capital, which is home to 11.9 million people, will feel Ruby at its strongest from 8 to 10 pm, the state weather bureau said. – Rappler.com
Add a comment
How does this make you feel?
There are no comments yet. Add your comment to start the conversation.