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                    [Title] => Stabilizing the peso exchange rate
                    [Summary] => 
            
A rapidly appreciating peso exchange rate to other foreign currencies is as damaging to the economy as a rapidly depreciating peso. So, the 20% appreciation of the Philippine peso against the U.S. dollar is already adversely affecting almost half of the Filipinos, probably causing social and political instability even as the economy continues to grow respectably.
                    [DatePublished] => 2008-01-10 00:00:00
                    [ColumnID] => 134652
                    [Focus] => 0
                    [AuthorID] => 1722527
                    [AuthorName] => Ruben D. Almendras
                    [SectionName] => Freeman Cebu Lifestyle
                    [SectionUrl] => cebu-lifestyle
                    [URL] => 
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EXCHANGE STABILIZATION CORPORATION

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                    [Title] => Stabilizing the peso exchange rate
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A rapidly appreciating peso exchange rate to other foreign currencies is as damaging to the economy as a rapidly depreciating peso. So, the 20% appreciation of the Philippine peso against the U.S. dollar is already adversely affecting almost half of the Filipinos, probably causing social and political instability even as the economy continues to grow respectably.
                    [DatePublished] => 2008-01-10 00:00:00
                    [ColumnID] => 134652
                    [Focus] => 0
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                    [AuthorName] => Ruben D. Almendras
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Stabilizing the peso exchange rate

By Ruben D. Almendras | January 10, 2008 - 12:00am

A rapidly appreciating peso exchange rate to other foreign currencies is as damaging to the economy as a rapidly depreciating peso. So, the 20% appreciation of the Philippine peso against the U.S. dollar...

Freeman Cebu Lifestyle