Philippine Peso to climb up to P43 to $1
In spite of the prediction of some economist that the peso will soon weaken, especially during the coming elections, it continues it upwards surge. According to American banking giant Citigroup, it even sees the peso strengthening to 43 to $1. According to Citigroup economist Jun Trinidad, the country’s “export earnings as well as the tightening [...]
April 20, 2010
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Tags: dollar, dollar trading, economy, Foreign exchange, forex, money, Peso, Philippine В· Posted in: economy, finance, Foreign exchange, money, Philippines
Peso closed at 15-month high – 46 to $1
Peso closed at its highest for the last 15 months. Last Fridays dealing ended with the Philippine peso at a level of P46 to $1, in a 15-month record high attributed specifically to the influx of remittances for overseas Filipino workers. Not surprisingly, because of the holiday season, we can expect more Filipinos overseas to [...]
December 4, 2009
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Tags: business news, dollar trading, finance, forex, money, Philippines В· Posted in: banking, economy, finance, Foreign exchange, money, OFWs, Philippines, Pricing
