Exchange rate implications of strengthening peso

[shugar]

Nahhh. I prefer the british pound.

anything is better than the peso....... the only country left that's poorer than ours is bangladesh...

Jag

 

[Spoon]

anything is better than the peso....... the only country left that's poorer than ours is bangladesh...

Jag

thats so sad. in the 60's the exchange rate was $1 - Php 2.

 

[Mike Veitch]

thats so sad. in the 60's the exchange rate was $1 - Php 2.

Wow, i didn't know you were that old...

 

[Spoon]

Wow, i didn't know you were that old...

im permanently in the 60's. Haight ashbury state of mind:14:

 

[ishbaby]

thats so sad. in the 60's the exchange rate was $1 - Php 2.

hopefully the peso continues to appreciate, it's already 51.80 = $1.00.

 

[abubakar]

hopefully the peso continues to appreciate, it's already 51.80 = $1.00.

really? thats good news! how come I never heard of that?? Maybe i've been spending too much time lurking in the forums and reading about hyperbarbaric chambers or whatever... :06:

 

[midwestdvr]

hopefully the peso continues to appreciate, it's already 51.80 = $1.00.

Yep, the peso is getting stronger vs the dollar. I watched it go down everytime I changed money while I was there in the PI.

 

[Spoon]

hopefully the peso continues to appreciate, it's already 51.80 = $1.00.

awesome im praying it hits high 40's soon. this is really good for us

 

[shugar]

awesome im praying it hits high 40's soon. this is really good for us

hey that means a lot coming from an exporter... i know that every centavo the peso strengthens is a knife twisted in your side

Jag

 

[Twomixdiver]

hey that means a lot coming from an exporter... i know that every centavo the peso strengthens is a knife twisted in your side

Jag

this also means the cheap crap coming from china will become cheaper. but on the other hand it counters the inflationary effects of the rise in oil prices.