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  1. Join Date
    Jun 2004
    Posts
    3,235
    #1511
    Quote Originally Posted by _Cathy_ View Post
    Where did you buy?

    Sent from my SM-N960F using Tapatalk
    Metrobank. Sa website nila 52.30 pero dahil siguro home branch ko kaya mababa
    Quote Originally Posted by uls View Post
    good

    Black market 52.10 na tanong ko. Bulong sa akin ng branh manager, malamang magbaba daw ng rates si BSP, ewan ko kung anong rates ang sinasabi niya

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  2. Join Date
    Nov 2005
    Posts
    34,818
    #1512
    Quote Originally Posted by c_cube View Post
    Metrobank. Sa website nila 52.30 pero dahil siguro home branch ko kaya mababaBlack market 52.10 na tanong ko. Bulong sa akin ng branh manager, malamang magbaba daw ng rates si BSP, ewan ko kung anong rates ang sinasabi niya

    Sent from my SM-N950U using Tapatalk

    baka mag rate cut bukas ang BSP

    kaya humina piso

    kasi mabagal inflation pwede uli ibaba ang interest rate (remember nag rate hike nang ilan beses ang BSP dahil mabilis ang inflation rate)

  3. Join Date
    Nov 2005
    Posts
    34,818
    #1513
    BSP scenarios bukas

    1. no change -- unlikely

    2. RRR cut -- likely

    3. interest rate cut -- maybe

    4. RRR cut and interest rate cut -- ummm... maybe

    everybody sees a rate cut

    tingin ko RRR cut lang

    or RRR cut AND 25 bps rate cut
    Last edited by uls; May 8th, 2019 at 01:12 PM.

  4. Join Date
    Nov 2005
    Posts
    34,818
    #1514
    Pag hindi mag rate cut ang BSP bukas ibig sabihin concerned sila sa magiging effect ng rising fuel prices and el nino

    mahirap ung mag rate cut sila tapos pag bumilis uli ang inflation rate mag re-rate hike uli

    masisira ang credibility nila
    Last edited by uls; May 8th, 2019 at 06:08 PM.

  5. Join Date
    Nov 2005
    Posts
    34,818
    #1515
    Peso gets weaker this morning on expectation of rate cut

  6. Join Date
    Nov 2005
    Posts
    34,818
    #1516
    May 7
    ok we have slower inflation rate again

    now we wait for GDP data

    BSP will use slower inflation rate and slower growth rate to justify RRR cut and/or interest rate cut

    here it is

    Philippines Q1 GDP slows to 5.6%YoY from 6.3%

    now there's more reason for a rate cut

  7. Join Date
    Jul 2007
    Posts
    46,603
    #1517
    Quote Originally Posted by uls View Post
    Peso gets weaker this morning on expectation of rate cut
    I just bought today for 52.77

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  8. Join Date
    Nov 2005
    Posts
    34,818
    #1518
    Quote Originally Posted by _Cathy_ View Post
    I just bought today for 52.77

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    c_cube asked me the other day about that I told him to buy $$$ while PHP is strong

  9. Join Date
    Oct 2002
    Posts
    34,040
    #1519
    "Utang is life"-minicarph


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  10. Join Date
    Jul 2007
    Posts
    46,603
    #1520
    Quote Originally Posted by uls View Post
    c_cube asked me the other day about that I told him to buy $$$ while PHP is strong
    Will it get worse? I need to buy again
    Quote Originally Posted by shadow View Post
    "Utang is life"-minicarph


    Sent from my iPhone using Tapatalk
    Hahaha

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Tags for this Thread

Philippine Economy Talk