Originally Posted by
yhokz101
Buying power co relates on how much money you have
Hahahaha... Pataka man lang!
Kasabot ka anang word nga
A UNIT of currency? Kung wala, dili kaha sayang atong pagka-college grad dha?
Buying Power - The quantity of goods or services that A UNIT of currency can buy. A decrease in buying power is called inflation.
Synonym: Purchasing Power
Buying power is a RATIO, bradier. So kay RATIO man, that means nga daghan man o gamay ang currency nga imong gihawiran, SAME ra gihapon ang value sa BUYING POWER.
https://investinganswers.com/financi...ing-power-6413
https://en.wikipedia.org/wiki/Purchasing_power
Originally Posted by
yhokz101
In short taphaw rag natugkad...It only shows BIAS ka.. Haha
Ako diay ang bias nga ang BSP man MISMO ang niingon ana?
Gikan mismo sa Philippine News Agency:
The improvement of central bank’s income has continued since 2016 after posting net losses from 2010 up to 2015 given the volatilities overseas, among others,
which negatively impacted the local currency.
The BSP has a market-determined exchange rate policy but
joins the market to address extreme foreign exchange volatility.
http://www.pna.gov.ph/articles/1048655
Unya kinsa man ang taphaw rag natugkad karon?
Bwahahahaha!