Results 1,421 to 1,430 of 4777
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February 24th, 2019 08:47 PM #1422
Trade surplus = exports - imports = -12.3 - (-9.4) = -2.9
Trade deficit = imports - exports = -9.4 - (-12.3) = +2.9
That means we import more than we export, so its a trade deficit and not a surplus. How can that be good?
For you to claim that december imports lessened you have to compare it to november number
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Verified Tsikot Member
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February 24th, 2019 09:16 PM #1423
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February 25th, 2019 02:53 PM #1424
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February 25th, 2019 03:00 PM #1425
less imports = less demand for $$$ = less downside pressure on PHPLast edited by uls; February 25th, 2019 at 03:02 PM.
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February 27th, 2019 11:15 PM #1426
Was 51.75 at one point today...
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March 2nd, 2019 02:01 PM #1427
if Feb inflation comes out lower than previous BSP might be tempted to cut interest rates
if they do PHP will fall
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March 4th, 2019 12:51 PM #1428
Philippine Peso Surprises to Become Asia’s Best Currency
The Philippine peso has defied a yawning current-account deficit to emerge as Asia’s best-performing currency in February. And it may continue to surpass its peers.
Peso bulls say record remittances, rising investment and a buoyant domestic economy will propel further gains in the currency. Easing inflation could also lend a hand, as higher real yields burnish the appeal of Philippine bonds.Last edited by Monseratto; March 4th, 2019 at 01:01 PM.
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March 4th, 2019 01:04 PM #1429
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March 5th, 2019 12:18 AM #1430
the scandalous and callous sec ben diokno is the new bsp governor according to preliminary news reports.
and w/ that whimsical choice, the bsp has now been politicized by a president who's consolidating his hold on a gov't w/c is steadily getting an endless stream of brickbats .
see my pahabol statement above. i mean, i can go on vacation anytime. but my spouse has her...
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