The Philippine peso: Strongest currency in Asia! GOOD NEWS

[giddyboy]

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[img width=500 height=375]http://images.inquirer.net/media/networkindex/images/pic-01031148450612.jpg[/img]

FAET!!!...america, gubata na na ninyo! hehe

[brad]

yap it hit $100 for a few minutes.
it to close $99 and a few cents

[giddyboy]

see? if we didn't have a strong peso to cushion the world oil prices by now, we could have suffered a lot lot more big time...simple as that.

[Mr.Ho_chia]

see? if we didn't have a strong peso to cushion the world oil prices by now, we could have suffered a lot lot more big time...simple as that.

they don't mind those, kay ang ila mentality ni mahal daw gasolina so that's it. hahay.

cguro kung peso remained to be as is 52 to the dollar, unya ang gasolina samot kataas, unsa naman pud isulti ani nila? hahay.

[pointman]

dah kita ray gi ilad ana nila... Proud kau ta nga kusog ang piso sa dollar? loslos... Gamay raman gani sweldo diri sa ato ang nasud.

[basikoncept]

Mao2x.

[giddyboy]

Gamay raman gani sweldo diri sa atoang nasud.

that's another matter...

[basikoncept]

Mao jud. Majority man jud tingai ang mapaboran anang pagsaka sa value sa Peso woe.

[Mr.Ho_chia]

unya kung mobo ang peso, modako ang sweldo? kinaloslosan. pasalamat nalang ta kung naay maayo nga mahitabo, count our blessings nalang.

[baron]

they don't mind those, kay ang ila mentality ni mahal daw gasolina so that's it. hahay.

cguro kung peso remained to be as is 52 to the dollar, unya ang gasolina samot kataas, unsa naman pud isulti ani nila? hahay.

Indeed, the impact will be felt more adversely if the exchange rate of dollar to peso is still at P50++ level. The prices of oil to which we are import dependent are very much high now as it reached $100 per barrel.

We all know that the price of oil affects the basic commodities. If the peso fails to set off the continuous increase of oil in the world market because it should be stable at a lower level, I don't think it will benefit the people as we will be forced to buy basic commodities at higher prices.

I was watching "Cash Flow" yesterday when I saw the news that the peso might reach the P35 level this year. Well, we could all just wait.