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Title: Peso 54.8 Post by: outwest77 on March 11, 2003, 05:00:00 AM 54.8 to the Dollar, I remember last april it was 50.5...........
Sad for the phils, Title: Re: Peso 54.8 Post by: Nathan on March 12, 2003, 05:00:00 AM ... in response to Peso 54.8, posted by outwest77 on Mar 11, 2003
Ultimately the Philippines may be forced to choose between national pride and survival, and like Panama and Ecuador, choose to use the dollar as their regular currency. Nathan Title: Re: Peso 54.8 Post by: Jun Encarnado74 on March 12, 2003, 05:00:00 AM ... in response to Peso 54.8, posted by outwest77 on Mar 11, 2003
IT IS CURRENTLY 55.5 PESOS TO A BUCK! (AS WE SPEAK).... Title: Re: Re: Peso 54.8 Post by: outwest77 on March 12, 2003, 05:00:00 AM ... in response to Re: Peso 54.8, posted by Jun Encarnado74 on Mar 12, 2003
Latest i Saw is about 55.1,still its way down, i predict 60 in 6 months, Title: Re: Peso 54.8 Post by: Nathan on March 11, 2003, 05:00:00 AM ... in response to Peso 54.8, posted by outwest77 on Mar 11, 2003
While both Thailand and the Philippines were hit hard by the 1997 Asian financial crisis, their currencies have since diverged in value, with the Baht actually recovering some value from it's worst, while the Peso continues it's slide. Thailand instituted extensive structual reforms, whle the Philippines has not, and as a destination for investment it has even further deteriorated. The entrenched Title: Going to 60? Post by: Ray on March 11, 2003, 05:00:00 AM ... in response to Peso 54.8, posted by outwest77 on Mar 11, 2003
I remember when it was 3.85/$ It's been sinking fast since the U.S. military pulled out... :-) |