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  1. Join Date
    Nov 2005
    Posts
    45,927
    #211
    for now the dollar in range bound

    there isn't anything new out there to drive the dollar higher

  2. Join Date
    Nov 2005
    Posts
    45,927
    #212
    the dollar index has been hovering above 100 since March 30 but couldn't approach 101

  3. Join Date
    Oct 2012
    Posts
    27,624
    #213
    exchange rate is back to good -ofw 😁

    Sent from my SM-G935F using Tsikot Forums mobile app

  4. Join Date
    Sep 2015
    Posts
    13,917
    #214
    Dollar going down 49.70

    Bring it down pa para mura amazon and balikbayan box ko.

  5. Join Date
    Nov 2005
    Posts
    45,927
    #215





    Notice something?

    The dollar has weakened a lot, but PHP is even weaker
    Last edited by uls; June 29th, 2017 at 12:32 PM.

  6. Join Date
    Nov 2005
    Posts
    45,927
    #216
    so this peso weakness isn't due to dollar strength

    maybe being caused by domestic factors

  7. Join Date
    Nov 2005
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    45,927
    #217
    heard on the news they're blaming the weak peso on the strong dollar

    what strong dollar?

    here's your "strong" dollar



    --

    if the dollar is strong why is the Chinese yuan strengthening?

    why is the Malaysian ringgit strengthening?

  8. Join Date
    Nov 2005
    Posts
    45,927
    #218
    domestic yan

    there's a lot of demand for dollars and supply isn't keeping pace

    either way, the weakening peso will drive inflation higher

    pressure is now on importers to raise prices

  9. Join Date
    Jul 2008
    Posts
    7,119
    #219
    ^
    That's why I'm still hoping enough people in the senate will have the sense to deny the additional excise tax on fuel. Prices will rise too much too soon.

  10. Join Date
    Nov 2005
    Posts
    45,927
    #220
    yeah wait till those excise taxes kick in

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US Dollar