The Philippine peso: Strongest currency in Asia! GOOD NEWS

[jntio]

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agi lng ko

[balatucan]

didn't it occured to you that maybe it is not as simple as you might have thought?
or maybe, basin kanang imong grocery bag kung wala man gani difference run nga mura mao ra, it could have gone worst had the dollar remained stronger?

Just think about it.

I dont think you get my question. I need direct answers and not speculations. I think my question is simple.

Binisay-on kuno nako bi.

Kanang imong 500 pesos, obserbahi pila ang mapalit ana. Naa bay dipirinsya karun nga ang value sa dollar 41 pesos na lang ug kadto nga time nga tag 55 pa.

Expected karun nga mas daghan ang mapalit kay daku na man ug value ang peso. So karun mangutana ko, mas dagha ba ang imong mapalit sa imo piso nga NIKUSOG kumpara sa una?

Kana lang gyud ang pangutana. OO o DILI, wala nay daghan pang rasun.

[noiburdlanor]

murag sakto gamay si Mr. Ho Chia.
Kung nisaka pa maayo ang dollar, mas grabe cguro ang pagsaka sa prices sa goods. grabe man gud ang infaltion rate. may nalng nacompensate sa strong peso ang pagsaka sa prices.

katung 55:1 pa, same lang ang prices sa basic commodities compara karon nga 41:1 na, so more or less, same lang ang mapalit. Except for oil prices nga nisaka gyud, if not for the appreciating peso, more pesos are needed to import oil, so mas mahal gyud cguro karon ang oil, moabot cguro og 50++ per L ang diesel..

[balatucan]

murag sakto gamay si Mr. Ho Chia.
Kung nisaka pa maayo ang dollar, mas grabe cguro ang pagsaka sa prices sa goods. grabe man gud ang infaltion rate. may nalng nacompensate sa strong peso ang pagsaka sa prices.

katung 55:1 pa, same lang ang prices sa basic commodities compara karon nga 41:1 na, so more or less, same lang ang mapalit. Except for oil prices nga nisaka gyud, if not for the appreciating peso, more pesos are needed to import oil, so mas mahal gyud cguro karon ang oil, moabot cguro og 50++ per L ang diesel..

so many alibis.

But I thank you because your statements shows that despite the strong peso, nothing has changed.

Ayna na lang ta anang inflation rate. Lets focus on the issue of strong peso. Accept it, strong peso is useless.

[INFRACTION]

strong ang peso tungod nag fall ang US economy mao ra na.. simple ra na
na damay ra tas pag weakening sa US economy

[noiburdlanor]

so many alibis.

But I thank you because your statements shows that despite the strong peso, nothing has changed.

Ayna na lang ta anang inflation rate. Lets focus on the issue of strong peso. Accept it, strong peso is useless.

waaaaa... grabe sad ka!! ehehe.. dako sad kaau og tabang ang strong peso oi... it's very advantageous to importers, business starters, sme's and most especially debt servicing. Example: Cebu City's SRP loan is paid in dollars, higher peso value can buy more dollars, so the city will only spend lesser "pesos" to service its debt.

[noiburdlanor]

strong ang peso tungod nag fall ang US economy mao ra na.. simple ra na
na damay ra tas pag weakening sa US economy

please don't forget the billions of dollars remitted by our ever supportive relatives abroad their remittances have a great help in the economy, the strengthening of the pesos in particular.

[INFRACTION]

pero luoy pud tawn cla in the end kai cla sad na apektahan sa strenghtening of peso
strong peso = less dollar => less dollar = less remittance hmmm sila rai na unay sa ilang gi buhat tsk tsk

[noiburdlanor]

pero luoy pud tawn cla in the end kai cla sad na apektahan sa strenghtening of peso
strong peso = less dollar => less dollar = less remittance hmmm sila rai na unay sa ilang gi buhat tsk tsk

they're still earning the same amount abroad despite the peso's appreciation ( or maybe they'll be earning more kay daghan trabaho didto). Also, they're spending the same amount for their daily sustenance kay wala man nisaka ang prices didto (particularly US). So most probably, they're remitting the same(or higher) amount today compared 5 yrs ago (55:1 pa ang ratio). the downside is, the recepients of these remittances spend more dollars to buy goods and services in the country.

[giddyboy]

so many alibis.

But I thank you because your statements shows that despite the strong peso, nothing has changed.

Ayna na lang ta anang inflation rate. Lets focus on the issue of strong peso. Accept it, strong peso is useless.

does anybody know about INFLATION? we get that every year, forever....kanang 20 pesos nimo mga 10 yrs ago, murag 100 pesos na na karon panahona...look! even our 10 peso bill nahimo nalang gani ug coin. LOLZ

if 55 pa ang peso 2 yrs ago, nya ibutang lang nato 55 gihapon ron...ayaw ko ingna mapareho ra imo ma-grocery sa 500 pesos? dili intawn oi! even how strong your currency is, we can never escape inflation...

maayo nlng gani ni-strenghten ang piso ky mas gmay ang inflation rate, less effects caused by the world oil prices & failing US economy...

"nothing has changed despite the strong peso?" and "a strong peso is useless"?...OMG!!! ARE YOU SURE ON WHAT U R SAYING? ...wat u mean tingali is that most people didn't feel any improvements to their purchasing power...

we have been discussing, debating, rebutting a lot about the "positive & negative effects" already as far as i know (that's why this thread was created in the first place) !!! LOLz

positive & negative effects...nya nothing has changed?

importers & dollar borrowers are most happy....nya useless?

i don't want to make a personal question, but WHY ARE YOU NOT HAPPY w/ our strong peso is it because this issue gives a "perceived pogi points" to your most hated president in the entire phil. history?...or u think na-timingan lng nga naingon ani during gma's term?...libog lng ko nimo ba.

sa akoa ba, export man gyud akoa business interest. wa ko malipay for my business nga 41 nlng ang ilis sa dollar...pero i'm happy for the philippines as a whole...