The Philippine peso: Strongest currency in Asia! GOOD NEWS

[brad]

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from the past data.

if the dollar goes up gasoline price come down.

but now adays its a wild market. it goes either ways.

crude set a record high this friday.

[espiya]

lage kapoi na tawn kaaU ning sigeng saka sa presyo sa lana. Maytag magkahi-1 ta oi bsan diri lang sa a2ng probinsya nga mag-boycot ta anang mga fossil fuel aron mahimo tang ehemplo sa tibuok nasod, og eventually sa tibuok kalibutan. mag-bike nalang 'ta ui.

[Vince Russo]

Per Yahoo Finance site, peso/US dollar rate at 43.03 today.

[brad]

Per Yahoo Finance site, peso/US dollar rate at 43.03 today.

by the end of the month of may 2008 basig P44 nana.

[d`monyita]

too bad for peso earners like me. expect gasoline cost to rise with the increasing value of the US dollars.

wala diay ka bumili dong?

[Vince Russo]

Exchange rate @ 43.21 as of 2pm today (per Yahoo Finance).

[d`monyita]

hallelujah!

[lestat1116]

arang2x na jud.

[brad]

crude oil time high may 21 2008 $134 per barrel sa afterhours trading still up.
guess it will be up whem market opens in may 22, 2008.

high oil price is means low value of us dollar.

bantay bantay ta onsay ayo sa value sa dollar og peso . palihug lang.

[husdamanus]

i think the value of the dollar and the rising price of oil are majorly driven by two different things, dollar like any other currency is being driven by micro economic policies of that country including imports and exports of their own products. The US also imports oil from the OPEC, in fact they are one of the biggest importers of oil from OPEC thats why they have huge interests in the middle east. Oil prices on the other hand are driven by supply and demand created by the buyers and sellers of oil, plus the fact that OPEC can create artificial demand by limiting the number of barrels supplied to increase its price.