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                    [Title] => Stable forex, stronger peso seen in next few months
                    [Summary] => The increasing dollar remittances from Overseas Filipino Workers (OFWs) to the Philippines and the growing demand for import volume may push a stable foreign exchange rate and stronger peso in the next few months.


 Bangko Sentral Ng Pilipinas (BSP) governor Diwa Guinigundo said as long as there is a balance of trade in inflows and outflows, the peso is seen to settle in a stable manner, except if it is intervened by the unpredictable behavior of oil price in the world market.


                    [DatePublished] => 2006-07-27 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
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APPRECIATION LUNCH AND AWARDING CEREMONY

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                    [Title] => Stable forex, stronger peso seen in next few months
                    [Summary] => The increasing dollar remittances from Overseas Filipino Workers (OFWs) to the Philippines and the growing demand for import volume may push a stable foreign exchange rate and stronger peso in the next few months.


 Bangko Sentral Ng Pilipinas (BSP) governor Diwa Guinigundo said as long as there is a balance of trade in inflows and outflows, the peso is seen to settle in a stable manner, except if it is intervened by the unpredictable behavior of oil price in the world market.


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Stable forex, stronger peso seen in next few months

By Ehda Dagooc | July 27, 2006 - 12:00am

The increasing dollar remittances from Overseas Filipino Workers (OFWs) to the Philippines and the growing demand for import volume may push a stable foreign exchange rate and stronger peso in the next few months. ...

Freeman Cebu Business