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  1. Join Date
    Jan 2003
    Posts
    3,779
    #1
    The devaluation of yuan is causing the $ to rise. I wonder why?

  2. Join Date
    Jun 2004
    Posts
    3,496
    #2
    Bought USD yesterday at 46 flat. Ramdam ko na ang sakit as importer

  3. Join Date
    Jul 2015
    Posts
    9,583
    #3
    House of cards(US economy), hope it wont crashing down...their goverment is printing money like crazy(QE), still, im happy for our OFWs

  4. Join Date
    Feb 2008
    Posts
    9,431
    #4
    swerte ng mga exporters ngayon.

  5. Join Date
    Jun 2012
    Posts
    1,488
    #5
    Quote Originally Posted by c_cube View Post
    Bought USD yesterday at 46 flat. Ramdam ko na ang sakit as importer
    Mag direct ka sa mga OFWs na kakilala, bro. Win win.

  6. Join Date
    Oct 2012
    Posts
    27,624
    #6
    Quote Originally Posted by Jun aka Pekto View Post
    Maybe I should take a vacation in the PH. Too bad I can't do it until next year. The slots for this year are already taken up.
    With more yuan devaluation, I think dollar will reach 50s.

  7. Join Date
    Mar 2013
    Posts
    3,650
    #7
    Got my increase this month and now this?

    Sige lang ng sige...

  8. Join Date
    Dec 2005
    Posts
    624
    #8
    All kababayan in the remittance center were all smiles while waiting for their turn to send money to their family.

    I was able to send almost 6k pesos additional because of the strong dollar. Wifey will be glad to see her account.

  9. Join Date
    Oct 2002
    Posts
    21,433
    #9
    Quote Originally Posted by compact View Post
    All kababayan in the remittance center were all smiles while waiting for their turn to send money to their family.

    I was able to send almost 6k pesos additional because of the strong dollar. Wifey will be glad to see her account.
    so around $6K din napadala mo ke wifey

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    Quote Originally Posted by compact View Post
    All kababayan in the remittance center were all smiles while waiting for their turn to send money to their family.

    I was able to send almost 6k pesos additional because of the strong dollar. Wifey will be glad to see her account.
    so around $6K din napadala mo ke wifey
    Signature

  10. Join Date
    Dec 2005
    Posts
    624
    #10
    Quote Originally Posted by boybi View Post
    so around $6K din napadala mo ke wifey

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    so around $6K din napadala mo ke wifey
    Before
    1 omani rial =115
    Now
    1 omani rial=120

    So a remittance of 1100 omani rial will yield additional 5,500. (Just rounded off)

  11. Join Date
    Jun 2012
    Posts
    1,488
    #11
    Eventually, hihilain din ng higher domestic prices yan. So yung higher remittance, will be nothing.

  12. Join Date
    Dec 2005
    Posts
    624
    #12
    Quote Originally Posted by confused shoes View Post
    Eventually, hihilain din ng higher domestic prices yan. So yung higher remittance, will be nothing.
    Yup, its true, pero hanggat hindi pa nahihila chief ay malaking bagay na sa amin ang nadagdag sa padala. 5.5k din yun pang jolibe.

  13. Join Date
    Aug 2015
    Posts
    38
    #13
    Ayos! Ganda ng palitan ng usd to peso! Hehe

  14. Join Date
    Oct 2002
    Posts
    3,754
    #14
    Ayos yan para sa mga OFW bumaba ang Oil Price tapos tumaas ang palitan ng dollar.. Pero mag babago pa yan pag dating ne ber month since dami mag papadala ng dollar..

    bumaba din ng 20 cents ang opening ngayon ng dollar to peso.

  15. Join Date
    Aug 2009
    Posts
    1,956
    #15
    san kayo nagpapalit ng $? sa villarica +.30 lagisa BDO. Nagtanong ako sa bdo kung may special rate sila minimum $5k daw

  16. Join Date
    Sep 2013
    Posts
    2,543
    #16
    Quote Originally Posted by chrismarte View Post
    san kayo nagpapalit ng $? sa villarica +.30 lagisa BDO. Nagtanong ako sa bdo kung may special rate sila minimum $5k daw
    sa may robinsons ermita , ground floor nasa ilalim ng escalator. safe at mataas ang palitan dun. guess malayo ata sa location mo

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    Quote Originally Posted by chrismarte View Post
    san kayo nagpapalit ng $? sa villarica +.30 lagisa BDO. Nagtanong ako sa bdo kung may special rate sila minimum $5k daw
    sa may robinsons ermita , ground floor nasa ilalim ng escalator. safe at mataas ang palitan dun. guess malayo ata sa location mo

  17. Join Date
    Jul 2007
    Posts
    57,767
    #17
    Czarina. I purchase there too.

  18. Join Date
    Oct 2002
    Posts
    40,599
    #18
    Sa mga bank managers. Sideline nila yan

  19. Join Date
    Oct 2002
    Posts
    21,433
    #19
    Yes, diretso kayo sa bank managers or sa bank officers. Mababa kasi bili nila sa USD, instead na ipasok nila sa bank, hahanapan nila ng buyer para less trabaho sa kanila.
    Signature

  20. Join Date
    Sep 2003
    Posts
    25,189
    #20
    Peso hits new 5-year low on US, Japan data
    August 17, 2015 7:05pm


    The peso touched a new five-year low on Monday, after positive US data bolstered the dollar while the Japanese economic slowdown weighed on regional currencies.

    The Philippine currency weakened by 11 centavos to 46.325:$1 from the previous close of 46.215. The greenback kept the peso subdued throughout the session, with the local currency posting an intraday best of 46.26.

    "The US dollar appreciated further from last Friday’s positive data. The producer price index was reported to have increased by 0.2 percent in July. A separate report showed that industrial production in July was better than forecast," MetisEtrade Inc. analyst Cherica Vicente said.

    The figures boosted expectations the US Federal Reserve would increase interest rates for the first time in almost a decade as early as September, according to a report by Agence France-Presse.

    The contraction of the Japanese gross domestic product by 0.2 percent in the second quarter further weakened the peso, since Japan is one of the Philippines' major trading partners, Vicente said. – Keith Richard Mariano/VS, GMA News
    - See more at: Peso hits new 5-year low on US, Japan data | Money | GMA News Online

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    Peso hits new 5-year low on US, Japan data
    August 17, 2015 7:05pm


    The peso touched a new five-year low on Monday, after positive US data bolstered the dollar while the Japanese economic slowdown weighed on regional currencies.

    The Philippine currency weakened by 11 centavos to 46.325:$1 from the previous close of 46.215. The greenback kept the peso subdued throughout the session, with the local currency posting an intraday best of 46.26.

    "The US dollar appreciated further from last Friday’s positive data. The producer price index was reported to have increased by 0.2 percent in July. A separate report showed that industrial production in July was better than forecast," MetisEtrade Inc. analyst Cherica Vicente said.

    The figures boosted expectations the US Federal Reserve would increase interest rates for the first time in almost a decade as early as September, according to a report by Agence France-Presse.

    The contraction of the Japanese gross domestic product by 0.2 percent in the second quarter further weakened the peso, since Japan is one of the Philippines' major trading partners, Vicente said. – Keith Richard Mariano/VS, GMA News
    - See more at: http://www.gmanetwork.com/news/story/533286/money/peso-hits-new-5-year-low-on-us-japan-data#sthash.NsLmUWjN.dpuf

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