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Topic: Peso

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  Peso - Wikipedia, the free encyclopedia
This is the famous Spanish dollar or "piece of eight" and later became called the peso.
The peso coin weighed 27 grams and was of 92 per cent pure silver.
It was the template for the coins of the United States and one silver dollar equaled exactly one peso.
en.wikipedia.org /wiki/Peso   (150 words)

 Philippine peso - Wikipedia, the free encyclopedia
The Philippine peso (Filipino: piso) is the official currency of the Philippines.
PNB notes were printed in 1916 in 2, 5 and 10-peso denominations, followed by a one-peso denomination in 1918, the twenty-peso denomination in 1919 and the fifty and one hundred-peso denominations in 1920.
The peso has been a floating currency ever since, which means that the currency is a physical representation of the domestic debt and whose value directly tied to people's perception of the stability of the current regime and its ability to repay the debt.
en.wikipedia.org /wiki/Philippine_peso   (2596 words)

 Mexican peso - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-10-07)
The peso was originally based on imperial Spain's silver dollars, the renowned pieces of eight of pirate literature and Hollywood swashbucklers.
Since the peso was a coin of pure silver with an exact weight, it became very popular: Mexican pesos could be found in China and the Philippines.
One new peso, or N$1.00, was equal to 1,000 of the obsolete MXP pesos.
www.newalbany.us /project/wikipedia/index.php/Mexican_peso   (1067 words)

 Peso's Corner
Peso's life was tragically cut short in the fall of 2004, when she died at the age of 4.
Peso was diagnosed with double hip dysplasia as a puppy and by the time she was 3 years old had both hips operated on.
Peso had her right hip operated on January 30th, 2003 by Dr. Eric Krause at Franklin County Animal Hospital in Rocky Mount, VA. After considerable deliberation, we decided on the FHO again.
www.bbdt.net /BBDT_Peso.html   (1328 words)

 Encyclopedia: Dominican peso   (Site not responding. Last check: 2007-10-07)
Peso is the name of the currency of various countries: Argentina: Argentine peso (ISO 4217: ARS) Chile: Chilean peso (CLP) Colombia: Colombian peso (COP) Cuba: Cuban peso (CUP) Dominican Republic: Dominican peso (DOP) Mexico: Mexican peso (MXN, previously MXP) Philippines: Philippine peso (PHP) Uruguay: Uruguayan peso (UYU) In Spanish peso...
The peso oro was introduced in 1937 at par with the US dollar, although the dollar continued to be used alongside the peso oro until 1947.
The Argentine peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina.
www.nationmaster.com /encyclopedia/Dominican-peso   (1392 words)

The value of the peso is tied closely to the fate of the Philippines' exports and the hardships of local industries that rely on imported materials.
The more the peso declines in value compared to foreign currencies, such as the US dollar, the German mark and the British pound, the more sales value (in peso) are gained by those who sell their goods to these countries.
Every time the peso falls against the dollar, whether or not it is induced by a domestic political problem or an external financial problem, prices of domestic goods especially fuel and basic commodities, including tuition fees, immediately increase, to the detriment of the masses.
www.seasite.niu.edu /Tagalog/Modules/Modules/PhilippineEconomy/peso.htm   (506 words)

 Peso: Tutte le informazioni su Peso su Encyclopedia.it   (Site not responding. Last check: 2007-10-07)
Peso: Tutte le informazioni su Peso su Encyclopedia.it
All'interno dello stesso campo gravitazionale, un corpo con massa gravitazionale piccola sperimenta una forza minore di quella di un corpo con massa gravitazionale grande.
Questa è il modo in cui si determinano le masse a partire dal peso.
www.encyclopedia.it /p/pe/peso.html   (1143 words)

 Mexican peso - Psychology Central   (Site not responding. Last check: 2007-10-07)
The peso was reduced in size in 1918, the 'eagle' changed, and the reverse again showing a liberty cap, "Un Peso" and the date.
In 1957, the peso was dropped to.100 silver, the denomination and date moved to the obverse, and a new portrait of Morelos appeared.
A special peso in the same fineness and size was minted in 1957 to commemorate Benito Juarez and the constitution of 1857.
psychcentral.com /psypsych/Mexican_peso   (1898 words)

 Library of Congress / Federal Research Division / Country Studies / Area Handbook Series/ Uruguay / Glossary
The term peso is often used as a short form to refer to the Uruguayan new peso in the post-1975 era.
The Uruguayan new peso was introduced in 1975 to replace the old peso at the rate of 1,000 old pesos for each new peso.
So extreme has the devaluation of the peso been that in 1991 Uruguayan authorities began to consider introducing another new peso, equal in value to 1,000 units of the existing new peso.
lcweb2.loc.gov /frd/cs/uruguay/uy_glos.html   (1121 words)

 PESO: Home   (Site not responding. Last check: 2007-10-07)
PESO is a technology and innovation business plan competition modeled after the MIT $50K Entrepreneurship Competition.
Catalyze: the building of technology- and innovation- based businesses by providing support from the PESO network even after the competition is over.
***Winners of the 1st PESO Challenge are announced.
web.mit.edu /peso   (97 words)

Further, the Peso Crisis underlines the need for a coherent international response to similar problems likely to develop in other emerging markets in the future, given that the highly mobile nature of international capital flows is unlikely to slow and in fact may increase.
In circumstances such as the Peso Crisis, in which financial markets essentially cease to function in terms of access, markets cannot be relied on to provide necessary liquidity, and for this reason, an international response is probably necessary for the stability of the international and domestic financial systems.
In this context, the Peso Crisis is illustrative of the situation that a sovereign may find itself it in: as the Peso Crisis commenced, the Mexican government had approximately $90 billion of debt outstanding.
iibf.law.smu.edu /pub/doug1a.htm   (9402 words)

 Perspectives in Numismatics - A Coin Called Peso
The first coin with the legend UN PESO was a silver piece struck in 1817 by Chile, followed by a second from Uruguay in 1844.
In 1874, a curiosity was struck with the denomination Un Peso.
It is known as Peso de Balanza, "scale peso." It is because of their appearance during the time of Maximilian that some people have the erroneous impression that he brought the decimal monetary system to Mexico.
www.chicagocoinclub.org /projects/PiN/ccp.html   (3408 words)

 PESO :: Philippine Emerging Start-ups Open
PESO is an technology and innovation business plan competition modeled after the MIT $50K Entrepreneurship Competition.
Over 72 business plan summaries were submitted to PESO for the first round of judging and we couldn't be happier with the response.
Everyone in the PESO team, on both sides of the planet, is excited to see what kind of innovations participants will come up with.
peso.blogs.com   (655 words)

 The Manila Times Internet Edition | BUSINESS > Peso pushes toward 52-to-the-dollar level   (Site not responding. Last check: 2007-10-07)
THE peso on Wednesday closed to a new two-and-a-half-year high of 53.08 to the dollar due to strong inflows of overseas Filipino worker (OFW) remittances, a weak US currency and anemic corporate demand for the greenback.
“Peso has strengthened mainly due to a weak US dollar, as well as continued inflows of OFW remittances while the month-end commercial demand is low.
Year-to-date, the peso averaged 55.032 to the greenback, an improvement over last year’s 56.09 average exchange rate.
www.manilatimes.net /national/2005/dec/29/yehey/business/20051229bus3.html   (246 words)

 Gloria rocks as peso rolls - INQ7.net   (Site not responding. Last check: 2007-10-07)
said there was room for the peso to strengthen further, and saw it climbing to as high as 53 to the dollar, or even higher, in 2006 as strong remittance inflows and investment lifted the currency to a new six-month high of 54.15 against the US dollar yesterday.
Tetangco said the peso's strong climb would likely be sustained even beyond the Christmas holidays, as the currency was benefiting not just from seasonal remittances but from a favorable fundamental and technical support.
Even as the peso has climbed to its highest level in six months, various groups continue to call for Ms Arroyo to step down over allegations that she stole the vote in 2004.
news.inq7.net /nation/index.php?index=1&story_id=57810   (1091 words)

 peso futures   (Site not responding. Last check: 2007-10-07)
I remember in late october when the peso shot upwards because of the asian shock, such a position was the right one since the front monh was the one which took most of the damage from stop losses being excecuted.
I was following the peso spot market closely and the implied interest rates you could obtain from the spot vs march reached 50 or 55% while the spot vs dec reached 30% at its highest.
Just be carefull with the implied cetes rate that you may obtain from the peso spreads as the peso future trades in the nearby contracts at an implied interest rate which more resembles the pagares rates rather than the cetes.
www.bradynet.com /bbs/options/100008-0.html   (1038 words)

 The Post-Nafta Mexican Peso Crisis: Bailout or Aid? Isolationism or Globalization?
As the peso crisis continued to develop, the truth behind the basic economic principle of interdependence became manifest, and thus left the American government to make a tough decision.
Thus, although until the Mexican Peso Crisis the U.S. was successful in entering NAFTA and other trade liberalization treaties, it appears the peso crisis marked the end of any current movement towards liberalization of trade.
Looking at the peso crisis, we see that in large part, because of the executive branch and its support of globalization, an aid package was able to emerge.
www.lib.utah.edu /epubs/hinckley/v2/humphrey.htm   (6495 words)

 Encyclopedia article on Peso [EncycloZine]   (Site not responding. Last check: 2007-10-07)
This is the famous "piece of eight" and later became called the peso.
Spanish pesos circulated throughout the European colonies in the Americas.
Portuguese-speaking Guinea-Bissau previously used pesos (GWP) prior to adopting the CFA franc (XOF) upon accession to the West African Economic and Monetary Union (UEMOA) on 1 May 1997.
encyclozine.com /Peso   (207 words)

 SignOnSanDiego.com > News > Mexico -- Mexico cenbank cuts key rate, peso slumps
Analysts said the bank's bold move was as much to stem recent strong peso gains as to bolster the economy.
The peso fell 1.28 percent to 10.6485 pesos to the dollar.
In its review, the bank did not mention the peso but said the country's external accounts were being "invigorated" by cash inflows from high oil prices – Mexico is a top exporter of crude – and from remittances sent home by Mexicans working abroad.
www.signonsandiego.com /news/mexico/20051209-1414-economy-mexico.html   (626 words)

 Peso nears P54 to $1; share prices soar   (Site not responding. Last check: 2007-10-07)
THE PESO surged further on Friday, rallying to as high as 55.03 to the dollar before closing at a 15-month high of 55.09 on strong foreign inflows, currency traders said.
The peso's finish at the Philippine Dealing System Friday was its strongest since Oct. 22, 2003, when it closed at 55.07 to the dollar.
As the peso gained ground on the dollar, Finance Secretary-designate Cesar Purisima said Friday he would press on with fiscal reforms to bolster the government's revenue collection.
money.inq7.net /topstories/view_topstories.php?yyyy=2005&mon=01&dd=29&file=1   (627 words)

 Seattle Bars and Pubs Guide Belltown Bars, Pioneer Square, Fremont ­ PubClub.com!
Peso's is the place for food, drink and to see singles.
Not far from Peso's – it's not an unreasonable walk – is the hip area known as Belltown.
Whereas shorts will work at Peso's on a comfortable summer night, they would be like a fish out of water in Belltown.
www.pubclub.com /pacificnw/seattlepubs.htm   (1028 words)

 Peso closes at record low on oil price concerns   (Site not responding. Last check: 2007-10-07)
The central bank expects the peso to recover some ground in the last quarter of the year on the back of foreign exchange remittances from Filipino workers abroad, Buenaventura said.
In a briefing paper presented to Congress this week, the BSP said the peso could fall to 57 to the dollar next year and might stay at that level until the end of President Gloria Macapagal-Arroyo's term in 2010, if the government fails to implement much-needed reforms, including wiping out its budget deficit.
"The peso is expected to remain in its consolidation phase with a mild bias for gradual appreciation in the near term," De Guzman said.
money.inq7.net /topstories/view_topstories.php?yyyy=2004&mon=10&dd=14&file=1   (909 words)

 Bloomberg.com: Japan
Wardle said he expects the peso to trade between 11.40 and 11.52 for the rest of the week.
Chile's peso rose 0.5 percent to 631, paring its loss for the year to 6.1 percent.
The peso is the second-best performing currency this year, after the South African rand, gaining 4.7 percent.
quote.bloomberg.com /apps/news?pid=10000101&sid=aEVKGyQjA7sw&refer=japan   (408 words)

 Mexican Peso Crisis of 1994-1995
Whereas the financial crisis in Mexico in 1982 had to do with external debt and took a long time for recovery the peso crisis of 1994 had little to do with external but instead was due to a short-term foreign exchange problem that was handled relatively quickly.
Some of the financial aid packages were prepared even before the peso crisis occurred as part of the structure associated with the North American Free Trade Alliance (NAFTA).
The outgoing president did not want to devalue the peso during his term of office and the devaluation was postponed until it was unavoidable.
www2.sjsu.edu /faculty/watkins/mexico95.htm   (588 words)

 Peso hits 53.03 to dollar - INQ7.net   (Site not responding. Last check: 2007-10-07)
THE PESO rose yesterday to a two-and-a-half-year high of 53.03 against the dollar, boosted by strong remittances from Filipinos working overseas and market optimism brought about by the government's improving fiscal position.
With the positive trend and optimism in the market, the peso is likely to hit the 52 level sometime within the first half of next year, Ravelas said.
"The peso's strong performance and the recognition by Spain (that the Philippines is its priority area for trade in Asia) are both good indicators of the government's commitment to improve the economy and we hope to be able to continue with more effective governance," she said.
news.inq7.net /nation/index.php?index=1&story_id=61366   (902 words)

 Why Did the Peso Collapse? Implications for American Trade
In contrast to the currency crisis of March 1994, however, the decrease in foreign exchange holdings was fully sterilized by the central bank: domestic government debt was substituted for the declining stock of foreign exchange.
Faced with the prospect of a potential peso devaluation and capital losses on their investments, many investors decided to preempt the devaluation by selling their peso assets.
Although the peso did depreciate about 50% in nominal terms by March of 1995, the rate of real depreciation was more on the order of 35%.
www.mtsu.edu /~berc/global/oldissues/summer95/p2.html   (1292 words)

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