BREAKING: The Philippine peso falls to a new record low against the US dollar for the third straight day after closing at P58.49 on September 22. Peso-dollar closing rates: September 16 = P57.43 September 19 = P57.40 September 20 = P57.48 September 21 = P58.00 | via Edson Guido, ABS-CBN News
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BREAKING: The Philippine peso hits a new record low against the US dollar for the fourth straight day after closing at P58.50 on September 23. Peso-dollar closing rates: September 16 = P57.43 September 19 = P57.40 September 20 = P57.48 September 21 = P58.00 September 22 = P58.49 | via Edson Guido,
Hello! Tanong lang sana for the peeps around Baliuag, Bulacan kung saan pwede magpapalit ng Indonesian Rupiahs to Philippine Peso or kahit to USD. Small amount lang naman siya, gusto ko lang sana gamitin pangbaon sa school. I tried sa SM wala silang conversion, asked na rin sa small outlets wala rin. If you know somewhere na pwede ko ipapalit to itll be a huge help. Thank you!
Xian Gaza says he's pulling out his money from Philippine banks, may point ba sya o super wala sa hulog? Ako kasi personally I am converting my peso to dollars pero sa BPI pa din na dollar savings. Thoughts?
Xian Gaza’s post from FB: Ang post na ito ay walang kinalaman sa pulitika. It doesn't matter kung Kakampink ka o Solid BBM. Hindi rin ito connected sa pagkapanalo ni presumptive President Bongbong Marcos. This is all about me, you and the Philippine economy. Ang PH debt-to-GDP ratio ay 63.5% na ngayon. Hindi mo gets? Hindi mo maintindihan? Okay fine. Hindi kita tatawaging bobo. Hindi ako magfi-feeling matalino. Ipapaliwanag ko sayo sa paraan na madaling maintindihan ng mga kagaya natin na hindi edukado. Let me educate you. Kunyare may-ari ka ng isang sari-sari store tapos kinwenta mo lahat ng iyong paninda. You found out na ang total inventory mo sa loob ng tindahan is worth 100,000 pesos. After that, kinwenta mo naman lahat ng utang mo sa mga suppliers and you found out na ang total payables mo sa kanilang lahat ay 63,500 pesos. Yung sari-sari store ang bansang Pilipinas. Yung 100K ang total value ng Philippine economy while yung 63.5K naman ang total national debt ng ating bansa. Yun ang ibig sabihin ng PH debt-to-GDP ratio at 63.5%. Gets mo na ngayon? You're welcome. The Philippine economy may collapse anytime sa mga susunod na buwan o taon. Ang pagbagsak ng ekonomiya ay siyang pagbagsak ng ating pera just like what happened in Sri Lanka. So ano yung punto ng post na ito? Ano yung bottomline? 85% ng milyones ko ay pinapalit ko na sa US dollar, Thai baht at UAE dirhams for the past few weeks. Habang nag-iikot ako sa Europe eh unti-unti ko nang inilabas ng Pinas yung mga kaperahan ko. Why? Para just in case na bumagsak ang ekonomiya ng Pilipinas eh hindi madadamay yung majority ng kayamanan ko dahil 15% na lang yung Philippine peso ko. Bakit ko 'to shine-share sa inyo? Alam niyo na yun. Just read between the lines. Mabuti na yung safe dahil ang taong maagap ay naliligtas sa posibleng kapahamakan. Respect my opinion.
Help: What's the best way to transfer Philippine peso to Euro?
Reason: Im currently worried that the non-stop inflation will eat up my investments in the bank. By changing early my 2m, i think that I can still be confident enough about moving into europe soon for studies. Problem: is that Im unsure how to do it whether by a bank or money changer. This is also the only page i know of sharing this. Any related thoughts will help. Tyia
BREAKING: The Philippine peso falls to a new all-time low against the US dollar after closing at P57.43 on September 16, breaching the previous record of P57.18. Data from Bankers Association of the Philippines show that the peso plunged to as low as P57.44 during intraday trading. -ABS-CBN News
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