Peso Exchange Rate November 26, 2012 USD/PHP trading was again lethargic which kept on a 2.

5 centavo range. The strong support at 41.050 was taken out at open after firm risk-on momentum on Wall Street last Friday. The BSP was then found defending the 41.000 level - a four year low - in early trade. In an announcement today, Finance Secretary Purisima said there is sufficient liquidity in the economy, and hopes that the banking system can become even more efficient in mediating funds - a statement which gave traders reassurance another rate cut is not to be expected soon.

26-Nov-12 OPEN: HIGH: LOW: CLOSE: AM WT AVERAGE: AM VOLUME (in millions): PM WT AVERAGE: PM VOLUME(in millions): PDS WT AVERAGE: TOTAL VOLUME(in millions):

23-Nov-12

Difference

41.000 41.025 41.000 41.000 41.016

$ 259.00

41.050 41.090 41.050 41.050 41.072

$ 308.60

0.050 0.065 0.050 0.050 0.056

$49.6

41.006
$ 396.09

41.058
$ 425.10

0.052
$29.01

41.010
$ 655.09

41.064
$ 733.70

0.054
$ 78.61

Date

US Dollar Philippine Peso 40.87 PHP 40.85 PHP 40.95 PHP 41.02 PHP 41.01 PHP 41.01 PHP 41.09 PHP 41.08 PHP 41.22 PHP 41.15 PHP 41.32 PHP 41.42 PHP 41.42 PHP 41.32 PHP 41.13 PHP 41.17 PHP 41.14 PHP 41.23 PHP 41.14 PHP 41.14 PHP

History USD PHP rate 28/11/2012 USD PHP rate 27/11/2012 USD PHP rate 26/11/2012 USD PHP rate 25/11/2012 USD PHP rate 24/11/2012 USD PHP rate 23/11/2012 USD PHP rate 22/11/2012 USD PHP rate 21/11/2012 USD PHP rate 20/11/2012 USD PHP rate 19/11/2012 USD PHP rate 18/11/2012 USD PHP rate 17/11/2012 USD PHP rate 16/11/2012 USD PHP rate 15/11/2012 USD PHP rate 14/11/2012 USD PHP rate 13/11/2012 USD PHP rate 12/11/2012 USD PHP rate 11/11/2012 USD PHP rate 10/11/2012 USD PHP rate 09/11/2012

Wednesday 28/11/2012 1 USD = Tuesday 27/11/2012 Monday 26/11/2012 Sunday 25/11/2012 Saturday 24/11/2012 Friday 23/11/2012 Thursday 22/11/2012 1 USD = 1 USD = 1 USD = 1 USD = 1 USD = 1 USD =

Wednesday 21/11/2012 1 USD = Tuesday 20/11/2012 Monday 19/11/2012 Sunday 18/11/2012 Saturday 17/11/2012 Friday 16/11/2012 Thursday 15/11/2012 1 USD = 1 USD = 1 USD = 1 USD = 1 USD = 1 USD =

Wednesday 14/11/2012 1 USD = Tuesday 13/11/2012 Monday 12/11/2012 Sunday 11/11/2012 Saturday 10/11/2012 Friday 09/11/2012 1 USD = 1 USD = 1 USD = 1 USD = 1 USD =

Thursday 08/11/2012

1 USD =

41.13 PHP 41.08 PHP 41.18 PHP 41.26 PHP 41.2 PHP 41.11 PHP 41.11 PHP 41.13 PHP 41.19 PHP 41.22 PHP 41.28 PHP

USD PHP rate 08/11/2012 USD PHP rate 07/11/2012 USD PHP rate 06/11/2012 USD PHP rate 05/11/2012 USD PHP rate 04/11/2012 USD PHP rate 03/11/2012 USD PHP rate 02/11/2012 USD PHP rate 01/11/2012 USD PHP rate 31/10/2012 USD PHP rate 30/10/2012 USD PHP rate 29/10/2012

Wednesday 07/11/2012 1 USD = Tuesday 06/11/2012 Monday 05/11/2012 Sunday 04/11/2012 Saturday 03/11/2012 Friday 02/11/2012 Thursday 01/11/2012 1 USD = 1 USD = 1 USD = 1 USD = 1 USD = 1 USD =

Wednesday 31/10/2012 1 USD = Tuesday 30/10/2012 Monday 29/10/2012 1 USD = 1 USD =

Ill use the term "economy" instead of "country" We see an economy improving and deproving as time goes by. We may not realise it instantly but we come to know of it when the authorities indicate it. In 2000, Microsoft launched Windows XP, and now we see Windows Vista in Markets 6 years later. Does this mean thatit took Microsoft 6 years to improve its company. The answer is no, after Xp launched, every day people went into markets andd bought the software, and hence Microsoft retreived great amounts of revenue in short amount of time. We dint see it instantly but we realised it 6 years later. This was just an example of a short scale business firm. An economy is based on large scale. If In Australia, new companies are built then then the GDP. gross domestice product will increase, which will cause the currency of Australia to raise in behalf of other economy's If the currency of an economy raises then the currency of the other economy decrease and hence we find ourselves on the way to equilibrium. It is not related to hurting or helping about an economy. The change iin currency rate day by day helps the economists to realise which economy is experiencing the maximum economic growth.

it changes everyday due to demand and supply. forex traders make business out of it. If your in the export /import business and your foreign counterparts require other currency for international trade usually USD (being the int'l currency) and the alternative currency now which is the EURO it can affect your daily exchange rate, still this is supply and demand. It can hurt the economy if the central bank is protecting the sudden appreciation of a currency and if speculators are attacking the currency. when central banks protects a currency from a sudden appreciation they normally lose on the exchange. It can be self correcting however if it appreciates and remains at that "appreciated value" until the end of fiscal year, the loss will then reflect on the overall performance of the economy. Exchange rates are based on relative currency values of each country. The value of the currency is based on economic stability, strength and growth. this in determined by supply of money, inflation, interest rates, consumer confidence, demand, stock stability, government stability, political announcement/decisions, etc! Currency is a commodity. The more people want to buy it, the higher the price, less demand, and price drops! Both. It can be good and bad. Small fluctuations are inevitable though. Most countries avoid massive fluctuations except they have decided to revalue/devalue currency!