PH PESO STRENGTHENS THROUGH THE YEAR
2019년 연말 페소 전망
증가하는 외환보유고
내용요약 (Summary)
The exchange rate is something that can be estimated based on the status of the US dollars and the Philippine peso.
Based on the gross international reserves (GIR), which was posted as of September of this year, the Philippines’ dollar reserves have once again hit the highest level in the country’s history and this is said to be sustainable and it might even strengthen the peso further.
According to the Department of Finance Secretary, the all-time high figure is a positive development as it is a sign of how stable peso is.
What has caused the rise in the country’s gross international reserves (GIR)?
And what does this mean for the other currencies?
Watch this video to find out!
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#필리핀 #PESO #페소 #환율 #달러 #USD #외환보유고 #송금
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참고 자료 (Reference)
Charm, N. (n.d.). Record-high dollar reserve level sustainable, seen rising further. Retrieved from
www.bworldonline.com/record-high-dollar-reserve-level-sustainable-seen-rising-further/.
Ordinario, C., OrdinarioA, C., & Ordinario, C. (2019, October 8). Cai Ordinario. Retrieved from
businessmirror.com.ph/2019/10/09/dollar-reserves-seen-hitting-fresh-record-highs-on-remittances/.
Cuaresma, B., Cuaresma, B. C. B., Cuaresma, B., Cuaresma, B., University of Santo Tomas, Ust, … Ust. (2019, July 8). Bianca Cuaresma. Retrieved from
businessmirror.com.ph/2019/07/09/experts-have-mixed-views-on-direction-of-dollar-reserves/.
-, B. M. E., By, -, & Editorial, B. M. (2019, September 22). BusinessMirror Editorial. Retrieved from
businessmirror.com.ph/2019/09/23/the-amazing-stability-of-the-peso/.
(n.d.). Retrieved from
www.msn.com/en-ph/money/topstories/ph-forex-reserves-soar-to-33-mo-high-in-june/ar-AADUoUp.
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