47PhP for a dollar


The value of US dollar versus Philippine peso is still stable. It's 47 pesos for a dollar. If the rate would go up more, it will be more advantage for Filipinos working or residing abroad. This means, we are just going to send the same amount in dollar or less and our families will receive more.

Call me whatever you want, but I want to speak here. I am happy that we are having an economic crisis here in the US. It affects monetary aspect or the value of peso (low).

Comments

Joel Tan said…
Here, here! I live in the Philippines, but I earn in US dollars. So this sudden weakening of the peso against the USD is really a boon to me.
October 11, 2008 at 9:34 PM
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