The Philippine peso: Strongest currency in Asia! GOOD NEWS

[yankee1264]

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capitalista ra madatu ani ..mamalit cla imported karon kay barato unya mahal ila baligya mao na ni karon ang pobre mo samot jud ka looy.
kun mo balik ug taas ang dollar x2 pa ang sak sa presyo sa mga palaliton.... ka looy nato mga pobre..

[baby_grace]

For non-OFW dependents, the strengthening of the Peso is good because the value of the Peso is able to offset the impact of the continuous rise of oil prices in the world market. For OFW dependents it means lesser amount of money when the dollars remitted are converted to Peso. But that does not mean the OFWs earned less. It's just that the value of the dollars when converted to Peso is not big. Anyway the government had made special arrangements to help OFW dependents who are affected by this strengthening of the Peso. The best among the solutions presented is that of educating the families and dependents on how to save up the money they receive and invest it in legal activities that will generate more income. Instead of just waiting for Balikbayan boxes or remittances they can engage in business activities using the remittance as capital.

[wikki]

bisan ma mu daku ang peso value, wa man ni improve ang ato economy.

honestly, we cant even compare to China and Japan.

currency value doesn't actually mean good economy. if ana pana, pwerti nang pobriha sa japan karon. look at thier curreny value. duh.

[gerard]

ubos na ilang monetary value pero grabi mansad ka daghan ug zero.....
go pinas!!!!! saka ta, d pani ma feel ditso pero in the long run maka tabang n nato...

[johnny22aa]

strong lagi ang peso, kuwang man ghapong sweldo, kapaet....

[brad]

it is ovious that the dollar right now is weak.

actually the weak dollar help the some us companies. their export outside the US is at an all time high.

To name a few caterpilar, boeing , dupont, G. E.. Now other countries are buying raw resources , chemicals , aircraft items, agriculture from the us insted of Europe because of the cheap US currency

the domestic market sales (US december sales is low in 2007) is suffereing due to the real estate loan crisis. But the exports are making tons of money for us goods specially in china

maybe in Hune 1 dollar = P46

[giddyboy]

and not a good time for us OFW's to go back in the phils.... very low conversion...

actually, OFW's main reason to go home is to be w/ family...and it is always a good time to go home. i was once an OFW myself, and it didn't matter to me going home without money...


[br]Posted on: February 02, 2008, 11:35:22 AM_________________________________________________

bisan ma mu daku ang peso value, wa man ni improve ang ato economy.

didn't u know that our ECONOMIC GROWTH in 2007 was the HIGHEST in 31 YEARS ?! and it's not just all about our strong peso...but well, it also helped.

[godsaint]

Strong peso against dollar with increasing prices of commodity=Rich become richer,poor becomes poorer

[xyberblue]

Strong peso against dollar with increasing prices of commodity=Rich become richer,poor becomes poorer

Actually dili raman cguro kita ang nag increase sa mga prices every year.
In japan, nag increase sad baya sila sa ila prices diri karon.
But luoy lang kaau ta kay mao pay wala pa kaabot sa minimum living rate ato sweldo, mag increase pajud every year or depende sa oil increase.

[jiro81]

wa man ko ka feel sa epekto sa pag taas sa peso.. mao raman japun.. maybe kadto mga capitalist ug mga dato.. pero nako na uyamot lang.. samot ka uyamot.. hehe