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Topic: Philippine peso


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In the News (Thu 26 Nov 09)

  
  Philippine peso bills - Wikipedia, the free encyclopedia
Philippine peso bills are issued by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) for circulation in the Philippines.
The next overprint was in 1981 when Pope John Paul II visited the Philippines from February 17to February 21, 1981 the overprint was on the 2-Piso bill on the watermark area.
The second was the Saligang Batas 1935 or the 1935 Constitution of the Philippines.
en.wikipedia.org /wiki/Philippine_peso_bills   (2033 words)

  
 Philippine peso - Wikipedia, the free encyclopedia
The Philippines is one of a handful of countries formerly colonized by Spain that use the peso as their currencies, joining countries such as Mexico, Colombia and Argentina (for more information on this, see peso).
Philippine subsidiary coins of twenty centavos and ten centavos shall be legal tender in amounts not exceeding twenty pesos.
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   (2519 words)

  
 ABS-CBN Interactive
Philippine economic managers are fretting over the likely impact of rising tensions in the Middle East, with the interagency Development and Budget Coordinating Committee (DBCC) set to discuss its implications on local consumer prices and economic growth.
The Philippines’ economic competitiveness has stagnated as a result of continued political noise and the government’s inability to deliver the basic tools for sustainable market growth, according to the 2006 World Competitiveness Yearbook.
The Philippines, China and Vietnam could decide whether to pursue its joint marine seismic undertaking (JMSU) at the South China Sea, after the results of the initial tests conducted last year are released this November.
www.abs-cbnnews.com /storypage.aspx?StoryID=30510   (1490 words)

  
 Sun.Star Breaking News: No contagion effect seen in Southeast Asia from Philippine peso crisis (2nd update, 3:56 pm)   (Site not responding. Last check: 2007-10-07)
Political concerns have dragged the peso by as much as six percent from its high in May and the embattled unit has come within striking distance of its historic low of 55.75 to the US dollar posted nearly two and a half years ago.
Analysts said the tumbling peso was not the epicenter of a financial storm similar to the baht-triggered turmoil, which plunged the region into its worst recession in decades.
Even so, the peso's slide cannot be attributed solely to fundamental problems as the Philippine economy is generally in good shape with positive macro indicators, Rana said.
www.sunstar.com.ph /static/net/2003/08/27/no.contagion.effect.seen.in.southeast.asia.from.philippine.peso.crisis.(2nd.update.3.56.pm).html   (723 words)

  
 ABS-CBN Interactive
The peso slipped past the 50-to-the-US-dollar mark on Tuesday, boosted by remittances sent by Filipino migrant workers for the graduation season.
IMF prods RP Despite the peso’s strong showing, the International Monetary Fund on Tuesday prodded the Philippine government into sustaining vital fiscal reforms despite the challenge of political strife.
For the Philippines, the unstable political situation is also a cause of concern given the country’s urgent need to improve its fiscal position, Fitch Ratings said.
www.abs-cbnnews.com /storypage.aspx?StoryId=32028   (1889 words)

  
 PESO :: Philippine Emerging Start-ups Open
PESO is an technology and innovation business plan competition modeled after the MIT $50K Entrepreneurship Competition.
Everyone in the PESO team, on both sides of the planet, is excited to see what kind of innovations participants will come up with.
A Philippine company producing "coconet" was nominated and was selected as one of the finalists for the bbc-world challenge contest.
peso.blogs.com   (655 words)

  
 Pinoy Ka Ba? » Blog Archive » Philippine peso… No. 1 in Asia, No. 5 in the world
The Chilean peso and the Egyptian pound finished 3rd and 4th place by appreciating by 8.5 percent and 7.2 percent, respectively.
The year that passed was a remarkable year for the Philippine peso and it marked a turning point towards fiscal sustainability and improved investor confidence in the country.
The Philippines also has a chance to turn a weakness (of being a net oil importer) into strength by developing alternative sources of energy (geothermal, wind, bio-fuels, etc.) similar to what was done in Brazil, the world’s leading producer of ethanol-based fuels.
pinoykaba.com /?p=1167   (1061 words)

  
 Philippine Coins
The circulating medium was to be the Philippine silver peso, which was to be legal tender for all debts, public and private, and its value was to be maintained on a parity with the theoretical gold peso.
The Spanish Philippine coins and the Mexican coins in circulation were collected by the treasury and exported to the San Francisco mint, where they were reminted into new coins of the weight and fineness prescribed by law.
Peso coins were made of silver before, but today there is little you can buy for one peso, and the smaller coins have become almost meaningless.
www.bohol.ph /article34.html   (1776 words)

  
 [No title]   (Site not responding. Last check: 2007-10-07)
The peso fell as far as 52.30 per dollar, down from Friday's local close of 52.20 as it extended its fall from a 3- year high of 51.42 struck two weeks ago.
Traders said the peso was being undermined by reports of rising tensions within the military on the weekend.
Philippine President Gloria Macapagal Arroyo, who survived an impeachment attempt last year over allegations of election cheating and corruption, declared a state of emergency on Friday after the military said it had foiled a plot to overthrow her.
today.reuters.com /business/newsarticle.aspx?type=tnBusinessNews&storyID=nSP98457&imageid=&cap=   (373 words)

  
 Bloomberg.com: Top Worldwide
The peso slumped 1.05 percent to 52.20 to the U.S. dollar on Friday, its biggest drop since July 2002, after Arroyo declared a state of emergency to stop a group she said was seeking to set up an ``extra-constitutional'' regime.
Philippine assets have gained in the past year and this month Standard and Poor's and Fitch raised their outlooks on the country's junk debt ratings to stable from negative.
The peso gained for the first year in seven, rising 6 percent against the U.S. dollar, the best performer of 15 Asia- Pacific currencies tracked by Bloomberg, as remittances from Filipinos abroad rose 25 percent to $10.7 billion pesos.
quote.bloomberg.com /apps/news?pid=10000006&sid=aAj1Q2TXHMCY&refer=home   (907 words)

  
 COLUMN:  PHILIPPINE  PESO ... THE STRONGEST CURRENCY IN ASIA
The peso rallied strongly against the US dollar last week to close at 55.43 — making it the best performing currency in Asia year-to-date (with the exception of the renminbi whose peg to the dollar was removed last July).
However, the peso remains strong, Philippine bonds are resilient and the capital accounts positive.
Despite all the negativism, we are bullish on Philippine assets in the long term.
www.newsflash.org /2004/02/be/be003257.htm   (1123 words)

  
 Philippine peso weakens further against dollar Asian Economic News - Find Articles   (Site not responding. Last check: 2007-10-07)
The Philippine peso weakened further Wednesday, averaging 53.025 to the U.S. dollar, down from 52.905 Tuesday, the Bankers Association of the Philippines (BAP) said.
Wednesday's exchange rate was moving between 52.930 pesos and 53.100 pesos during intraday trading before closing at 52.930, the BAP said.
Rafael Buenaventura, governor of the Philippine central bank, expressed concern over the steep fall of the peso, blaming it on negative news reports that continue to rock the country.
www.findarticles.com /p/articles/mi_m0WDP/is_2001_July_9/ai_76664426   (304 words)

  
 Philippine Peso - Search Results - MSN Encarta   (Site not responding. Last check: 2007-10-07)
Philippine Peso - Search Results - MSN Encarta
In April and May 1997 a series of naval accidents highlighted tension between China and the Philippines over ownership of the Spratly Islands in the...
Argentine Peso, Chilean Peso, Colombian Peso, Dominican Republic Peso, Mexican Peso, Philippine Peso, Uruguayan Peso
uk.encarta.msn.com /Philippine_Peso.html   (97 words)

  
 Philippine Coins
To Chris, The 1885 Alfonso with denomination 50Cent De Peso is minted in Manila (five pointed star) and is intended for use in the Philippines, hence, it is a Philippine Coin.
The one Peso, not circulated outside the leper colony (and that was the special coins made for the colony) had not been placed in circulation since 1912 finally returns in 1972.
There is a posting on the net that a Philippine silver peso dated 1906 is the rarest among the rest of the Philippine coins under the u.s.
www.bohol.ph /article.php?id=34&showall=true&sid=723ce3e5255ceb83e665ac1f606e5451   (10733 words)

  
 Philippine peso falls to new all-time low after arrests   (Site not responding. Last check: 2007-10-07)
The Philippine peso plunged to a fresh all-time low at 56.12 to the dollar Thursday after the arrests of six military officers over a plot to destabilise the government.
The peso opened at the Philippine Dealing System at 55.95, already weaker than Wednesday's close of 55.90.
Central bank deputy governor Amando Tetangco said the destabilization plot was partly to blame for the weak peso.
www.spacewar.com /2004/040129022004.opq7ilec.html   (230 words)

  
 Bloomberg.com: Market Insight
Dec. 6 (Bloomberg) -- The Philippine peso, spurned for a decade, is Asia's best performing currency this year after President Gloria Arroyo raised taxes to cut the budget deficit.
The Philippines' history of political turmoil may limit the peso's rally, said Osamu Takashima, chief analyst in the currency and treasury division at Bank of Tokyo-Mitsubishi Ltd. in Tokyo.
The peso was on course for a seventh consecutive year of declines, the longest losing streak in Asia, until Arroyo forced through the tax increases.
www.bloomberg.com /apps/news?pid=10000177&sid=aEKooRaZFtPI   (907 words)

  
 ADB Issues P2.5 Billion In Philippine Peso Bonds - ADB.org
Priced at 65.31%, ADB's peso bonds have an implied yield of 8.7% per annum and were priced at a spread of 6 basis points over the five-year tax-adjusted MART1 rate.
ADB's peso bond issue represents many firsts in the Philippine capital market: first issue by a foreign entity; first supranational issue; and first issue rated triple-A by Fitch Ratings, Moody's and Standard & Poor's.
The project will have significant benefits for the Philippines, as it will play a pioneering role in the distressed asset market, directly strengthen the financial position of several government-linked entities, and provide delinquent NHMFC borrowers an opportunity to restructure their obligations.
www.adb.org /Documents/News/2005/nr2005166.asp   (473 words)

  
 Philippine News Link, your link to news events, newspapers, magazines, and other online publications on the Philippines
There were positive changes brought by the visit and the activities of the dedicated social workers but the great landslide came and killed many of those whom we had held and embraced.
After his visit to the Philippines, Martin never forgot the experience and joined more campaigns for human rights and social justice.
Philippine NewsLink reserves the right to select the messages it wishes to publish.
www.philnews.com   (764 words)

  
 Philippine Peso Up as End of Estrada maybe Near
The embattled Philippine peso rallied on Monday due to an inflow of investments to the stock market, increased dollar remittances from overseas Filipino workers and the delayed impact of the monetary authority’s recent moves to ease speculative attacks on the currency.
The Philippine market jumped 16%, its biggest gain in 13 years as foreign funds bought stocks anticipating a quick end to the political crisis that has paralyzed the country.
Specifically, a regulation that could aid the peso is the central bank’s order last week prohibiting banks from engaging in engineered swap transactions, a mechanism that has added to the increased demand for the greenback.
www.bizasia.com /gen/articles?ac=C3NHK-N   (402 words)

  
 Philippine Peso Exchange Rate   (Site not responding. Last check: 2007-10-07)
This is the current Philippine peso exchange rate when converting to United States currency (US Dollars).
To see graphs of the peso vs the US dollar over a period of time try yahoo finance.
This is the current Philippine peso exchange rate when converting to Australian currency in dollars.
www.philippine-peso-exchange-rate.info   (316 words)

  
 Bloomberg.com: Asia   (Site not responding. Last check: 2007-10-07)
The peso surged 0.5 percent to 53.205 against the dollar as of 11:31 a.m.
The peso may strengthen to 52.50 by the end of this year, Uno predicted.
The Philippine jobless rate fell in the three months ending October to the lowest this year, at 10.3 percent from 10.9 percent in the previous quarter, the National Statistics Office said today.
www.bloomberg.com /apps/news?pid=10000080&sid=aQcZ40JNiF8E   (530 words)

  
 Philippine Peso Exchange Rate - Currency Converter
To start the conversion, enter the amount (with or without commas and decimal point) then select the originating currency and the target currency in the selection boxes then click perform currency conversion button.
We have put the Philippine Peso on top of the selection boxes for Filipinos (who are the majority of the visitors of this site) to easily get the Philippine Peso exchange rate against other currencies.
Whenever you send money to the Philippines, check our currency converter for the latest Philippine Peso exchange rates.
net.philsite.net /currency_converter.htm   (134 words)

  
 Convert Philippine Pesos (PHP) and Uruguayan pesos (UYU): Currency Exchange Rate Conversion Calculator
Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
Rate table - See a chart of currency rates between Philippine Pesos and Uruguayan pesos.
The Philippine Peso is divided into 100 centavos.
coinmill.com /PHP_UYU.html   (367 words)

  
 The Manila Times Internet Edition | BUSINESS > Peso, Philippine stocks dip on pending Moody’s ratings move
THE peso and shares of listed Philippine companies declined on Wednesday, spooked by news that Moody’s Investors Service was set to issue a credit ratings report on the country that may fall short of market expectations.
Blue-chip Philippine Long Distance Telephone Co. was the session’s most actively traded stock, retreating 6.2 percent to 1,680 pesos, in step with the 6.5 percent loss suffered by the company’s American depositary receipts in New York Tuesday.
Other stocks sold down included Ayala Corp., off 2.3 percent at 325 pesos, Pilipino Telephone, lower by 3.1 percent at 3.15 pesos, Bank of the Philippine Islands, which fell 0.9 percent to 57.50 pesos, and SM Investments, down 0.9 percent at 220 pesos.
www.manilatimes.net /national/2006/feb/09/yehey/business/20060209bus3.html   (427 words)

  
 Philippine Peso Exchange Rates - North and South America - Current Exchange Rates
Philippine Peso exchange rates against currencies in North and South America for July, 20
Exchange rates for the Philippine Peso against foreign currencies from North and South America are displayed in the table above.
The values in the Convert To column provide the quantity of foreign currency units that can be purchased with 1 Philippine Peso based on recent exchange rates.
www.exchange-rates.org /currentRates/PHP   (181 words)

  
 ADB Philippine Peso Bond Issue - ADB.org
This issue represents many firsts in the Philippine domestic bond market: the first issue by a foreign entity, the first supranational issue, and the first issue rated triple-A by Fitch, Moody's and S&P. The bond issue underscores ADB's confidence in the Philippine capital market.
The inaugural ADB Philippine bond issue is also fully in line with ADB's assistance and commitment to the ASEAN+3 Bond Market Initiative.
ADB has been a keen supporter of this important regional initiative and we hope to be able to continue to support development of regional bond markets by issuing benchmark bonds in the regional markets.
www.adb.org /Documents/Speeches/2005/ms2005075.asp   (792 words)

  
 Philippine Peso Exchange Rate
Philippine peso exchange rate information is available from the central bank of the country, Bangko Sentral ng Pilipinas (BSP).
BSP was established 1993, taking control of the responsibilities of the Central Bank of Philippines.
As part of its service to the public BSP publishes reference rates of the peso vs the bigger currencies.
www.forex-guide.net /philippine-peso-exchange-rate.html   (139 words)

  
 [No title]   (Site not responding. Last check: 2007-10-07)
The Philippine peso fell almost 1 percent, Manila stocks <.PSI> retreated more than 2 percent and the country's dollar sovereign bonds weakened as the president imposed emergency rule after security forces said they had foiled a coup plot.
Earlier, armed forces chief General Generoso Senga said the commander of the elite Scout Rangers regiment had been detained as the alleged leader of troops who planned to join protests against Arroyo by her political foes later in the day.
The peso revisited Tuesday's low of 52.10 per dollar, a level at which the central bank is suspected to have intervened this week.
today.reuters.com /business/newsarticle.aspx?type=tnBusinessNews&storyID=nHKG203229   (366 words)

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