Regarding US$ vs. PhPeso exchange rate.

**Tacoma_34** · February 15th, 2007 02:06 AM

[QUOTE=Sheep;752747]

Originally Posted by Tacoma_34

what a shame. dapat bumaba na rin ang gas prices.[/QUOTE

thats a different commodity and its out of topic !

no disrespect

shame. my comment is what you saw.

**empy** · February 15th, 2007 02:21 AM

i think more OFW's should look into forward hedges to minimize their risk from currency fluctuations.

i'm not sure how expensive it would be to do at a personal level, but usually companies that have substantial currency risk (like a company that produces goods in China but sells them all in the US) buy hedge options to convert their currency at a fixed x-rate later on. that way the exchange rate is 'locked in' and you won't have to worry about the peso strengthening as long as your hedge has not expired.

another option is to put your investments in the other currency to help cancel out the bad effects of a move in any direction. for example, if i earn all my money in USD but spend it all in PhP, i can make investments that earn me PhP, so kahit alin dun sa dalawa ang tumaas, either yung sweldo mo ang mas malakas, o yung kita mo sa bizness sa philippines.

**oldblue** · February 15th, 2007 03:26 AM

Originally Posted by Tacoma_34

Does this mean that the US is going down?
The Philippines is going downer..

tingin ko babagsak na talaga US compared to us pinoys. karamihan naman ng kagamitan namin ngaun galing na din sa region na'to. kung ang buong east asia lang sana mag-ala Euros, uunlad na kami lahat dito without western influence.

**boybi** · February 15th, 2007 08:11 AM

did you mean na mag-ala Euro as having a single currency for the region? medyo malabong mangyari yan. masyadong malaki ang disparity ng buying power ng iba't-ibang asian currencies. lalong lulubog ang mga poorer countries because it would need to spend more than the richer countries.

**CVT** · February 15th, 2007 08:16 AM

Prices of vehicles are sticky downwards....

1901:nolurk:

**uls** · February 15th, 2007 01:20 PM

The Fed didnt raise rates last night... "inflation pressures have eased" daw

**badsekktor** · February 15th, 2007 03:30 PM

grabe binaba ng dollar.... milyon ang nawala samin ah... sayang... pambili sana ng bago oto...

nung 2004 i think 51 php pa dollar nun... ang diesel nun eh 22 yata per liter... ano kaya nangyari at di pumatak sa 20s ang price per liter ng diesel ngayon considering na 48 na yata dollar?

pero kahit ganun pasalamat na rin dahil kahit papano nagbaba sila ng presyo... pati NLEX nagbaba yun nga lang pag pumunta ka ng palengke..... ganun pa rin presyo ng bilihin.... buti pa mga imported mas mura.....

**van_wilder** · February 16th, 2007 01:24 AM

eh dati kasi $30 lang oil, ngayon $58... nag $70 pa last may 2006...

world oil ang tumaas...

im a european studies mgmt graduate... hindi pwede sa ASEAN ang euro... we dont need to, marami nanaman ang population natin eh and lalo lala ang organized crime, laundering, and discrimination sa citizens of poor countries by citizens of rich countries...

**tagalnasaabroad** · February 16th, 2007 02:28 AM

talo nga mga dollar earners..panalo naman ang gobyerno natin kahit papano..

d nga lang patas ang laban..iyong mga OFW ang nagsasakripisyo mawala sa pamilya dapat pakunswelo man lang sana..gaya ng mga discounts.. pag nagrenew ng drivers license..di kaya pasahe sa lrt..libreng delivery ng barangay o nbi clearance..10% discount sa OEC fee..

o sadyang manhid lang talaga..

**oldblue** · February 16th, 2007 04:26 AM

mahirap talaga maging OFW. kasi pinapahirapan ng gobyerno mga tao, napipilitan mga tao na magtrabaho sa ibang bansa. the suffering continues, more and more OFWs are created. ngaun, tumataas ang Piso Laban sa dolyar dahil na din sa tulong na dollar remittances, eh di lalong papahirapan ng gobyerno ang mga tao -> the more OFW's, the more remittances.

it's a never ending cycle. swerte talaga ng gobyerno.

**rdecruze** · February 16th, 2007 03:51 PM

Originally Posted by van_wilder

2004-2005

---------------------------

ofw would one factor, pero biggest factor would be the fiscal policies by GMA one manifestation would be the stockmarket, before avg daily value is P250-350M, today its P3B to P5B and on a good day P7B+ better than ramos days, and we are few points before breaking the all-time high...

we dont have IMF debts na rin, all of our debts are slowly being consolidated into low-interest 10yr and 25yr bonds...

-------------------------
re: interest rates, i dont think so, we are very far pa. BSP is regulating the dollar, back when it was P51 our real value is P47.50 nakontrol lang ng BSP para hindi tumaas inflation, slowly nila ubuhos ang dollar this year and next year, short-term target for the dollar is 47.37, once mabutas resistance na ito it would go straight to 45 then 42... expect P38 a dollar before 2010...

Wilshire Consulting has said that Philippines' score improved more than any other country based on factors such as overall political stability, labor practices, investor protection and capital market openness surpassing Thailand, Malaysia and Indonesia, and was higher than China, India and Russia... how true is this??

I am an OFW and an avid fan of our present leader, i cant deny. Hearing good news from foregners mouth like this surely means i have bright prospect for my family's future not by working abroad but back in our country.(i am sick of being abroad!!)

You guys there are truly the hero not us OFW! Tiniis nyo ang hirap sa bansa di tulad namin naghahangad lagi ng malaking biyaya.

**edzzz** · February 18th, 2007 01:09 PM

Lahat tayo eh dapat considered bayani wether OFW or simpleng empleyado lang.

**adamsapple** · February 18th, 2007 03:00 PM

Talo kaming mga OFW.Dito sa KUWAITdati noon 56+Pesos/US$ ang exchange rate sa Kuwaiti Dinars 198Pesos/Kuwaiti dinars ngayon 48Pesos/US$ exchange rate sa Kuwait Dinars 166Pesos nalang lugi kami dito ng 32Pesos/Kuwaiti dinars ako lugi ko mga 20,000 Pesos na /month.Ang nakikinabang dito mga importer tapos benta nila products nila mahal kaya malaki tubo nila kawawa ang OFW & exporter.Dapat gawa ng check & balance ang goverment natin para maging patas lahat.

**Tacoma_34** · February 18th, 2007 03:14 PM

dude what do you expect from a philippine government? since when ba naging matino ito, time ni magsaysay? i consider the philippine government to a turd.

**Tacoma_34** · February 18th, 2007 03:16 PM

Originally Posted by edzzz

Lahat tayo eh dapat considered bayani wether OFW or simpleng empleyado lang.

Lahat ng OFW at mga tax paying citizens dapat bayani.

**O!lman** · February 18th, 2007 03:28 PM

Originally Posted by Tacoma_34

Lahat ng OFW at mga tax paying citizens dapat bayani.

medyo OT!
Kaso mo...dito sa pinas, ang mga walang pakinabang ang may power sa balota. kaya masaya ang mga politiko na mahirap ang bansa natin dahil madaling bumili ng boto to keep themselves in power

**Jun aka Pekto** · February 18th, 2007 04:08 PM

Originally Posted by Tacoma_34

Does this mean that the US is going down?
The Philippines is going downer..

I'm not sure. But gas prices went to $1.99/gal on some gas stations here. That's the first time I've seen it below $2.00/gal in almost 2 years.

**Gumusut_Amige** · February 18th, 2007 09:15 PM

imho... most ofws do affect them sa exchange rate pero pag nakakatulong sa nakakarami ay ayos na din. kaso naman yung mga presyo ng prime commodities hindi pa naman nag roll back ng kahit bahagya kumpara sa mga presyo nila noong pre $50/bbl level ang oil

.

**NightRock** · February 18th, 2007 09:48 PM

So anong best solution for OFW to save their earnings??? sakit na ulo ko kaka isip pano gagawin sayang namankung dollars tapos bilis ng pag baba

**rdecruze** · February 19th, 2007 12:53 AM

Straight deposit to Peso account, not dollar account. So far walang sakit ng ulo!

Forget about dollar will bounce back after election

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Regarding US$ vs. PhPeso exchange rate.

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