hk blues Posted June 5 Posted June 5 15 hours ago, OnMyWay said: Can't find any of those. Peso is down against everything the last month, 2-6% Even those hapless Canadians are up 2.96% Change the country on this XE chart. GBP over 75 now. USD heading for 59. https://www.xe.com/currencycharts/?from=EUR&to=PHP&view=1M Local Filipinos aren't getting any boost to help offset the increases. 1 Link to comment Share on other sites More sharing options...
Jack Peterson Posted June 5 Author Posted June 5 (edited) The Pound predictive rates for June, July early 2024******* Edited June 5 by Jack Peterson 1 1 Link to comment Share on other sites More sharing options...
OnMyWay Posted June 5 Posted June 5 4 hours ago, Jack Peterson said: The Pound predictive rates for June, July early 2024******* I was curious, so I looked up the historical pound / peso rates. 50+ years. I had no idea the rate had been over 100, 20 years ago! Source: https://fxtop.com/en/historical-exchange-rates-graph-zoom.php?C1=USD&C2=PHP&A=1&DD1=11&MM1=08&YYYY1=1967&DD2=10&MM2=08&YYYY2=2017&LARGE=1&LANG=en&CJ=0&MM1Y=0 Link to comment Share on other sites More sharing options...
Jack Peterson Posted June 5 Author Posted June 5 Just now, OnMyWay said: I was curious, so I looked up the historical pound / peso rates. 50+ years. I had no idea the rate had been over 100, 20 years ago! Source: https://fxtop.com/en/historical-exchange-rates-graph-zoom.php?C1=USD&C2=PHP&A=1&DD1=11&MM1=08&YYYY1=1967&DD2=10&MM2=08&YYYY2=2017&LARGE=1&LANG=en&CJ=0&MM1Y=0 Yes indeed it was, When The change over in Hong Kong was happening Our R and R was fantastic at ( If my memory serves) was 103 Link to comment Share on other sites More sharing options...
JJReyes Posted June 5 Posted June 5 Take advantage of the current excellent exchange rate if you need Philippine pesos. Once the US Federal Reserve signals lower interest rates, global currencies will stabilize vis-a-vis the US dollar. One of the signals has already been raised. Look at the yield difference between short term government securities (90 days T-Bills) and long term (10 years T-Notes). This is a presidential election year. Lower interest rates will help an incumbent government, even if this move increases the danger for inflation. Link to comment Share on other sites More sharing options...
Jack Peterson Posted June 6 Author Posted June 6 11 hours ago, JJReyes said: Lower interest rates will help an incumbent government, even if this move increases the danger for inflation. Let's look at it another way*** 2 1 Link to comment Share on other sites More sharing options...
jimeve Posted June 6 Posted June 6 22 hours ago, Jack Peterson said: Yes indeed it was, When The change over in Hong Kong was happening Our R and R was fantastic at ( If my memory serves) was 103 At the time when I was building my wife's house, from 2003. I remember the rate when it was 110 pounds to 1 peso. Happy days. 1 Link to comment Share on other sites More sharing options...
spaul Posted June 6 Posted June 6 Just out of curiosity, what impact do you think BRICS is going to have on all of our Western currencies in the coming years? Link to comment Share on other sites More sharing options...
Eddie1 Posted June 6 Posted June 6 5 hours ago, jimeve said: I remember the rate when it was 110 pounds to 1 peso. Hmm, I think you might want to reconsider that Jim. 4 Link to comment Share on other sites More sharing options...
jimeve Posted June 7 Posted June 7 10 hours ago, Eddie1 said: Hmm, I think you might want to reconsider that Jim. LOL yep. 1 Link to comment Share on other sites More sharing options...
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