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                    [Title] => Palace sees stronger peso this week
                    [Summary] => Malacañang predicted yesterday a much stronger peso this week with the dollars from overseas Filipino workers (OFWs) expected to start trickling in.


"Our long term prospect is that the peso would be much stronger, especially as we get close to Christmas because this is the time when our Filipino workers usually send money to their families back home," Presidential Spokesman Ignacio Bunye said.


                    [DatePublished] => 2003-12-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097338
                    [AuthorName] =>  Mayen Jaymalin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 221195
                    [Title] => Palace sees P54 to $1 rate by yearend
                    [Summary] => Malacañang echoed yesterday the optimistic forecast of Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura that the peso would eventually stabilize at an average rate of P54 to a dollar by yearend.


Presidential Spokesman Ignacio Bunye said the BSP governor made these predictions to squelch renewed speculation on the peso-dollar exchange rate.


Bunye particularly doused cold water on the reported predictions by foreign banks in the Philippines that the peso would fall to P56 to $1 by the end of this month.


                    [DatePublished] => 2003-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097308
                    [AuthorName] => Marichu A. Villanueva1
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BUNEY

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                    [ArticleID] => 229891
                    [Title] => Palace sees stronger peso this week
                    [Summary] => Malacañang predicted yesterday a much stronger peso this week with the dollars from overseas Filipino workers (OFWs) expected to start trickling in.


"Our long term prospect is that the peso would be much stronger, especially as we get close to Christmas because this is the time when our Filipino workers usually send money to their families back home," Presidential Spokesman Ignacio Bunye said.


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                    [ArticleID] => 221195
                    [Title] => Palace sees P54 to $1 rate by yearend
                    [Summary] => Malacañang echoed yesterday the optimistic forecast of Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura that the peso would eventually stabilize at an average rate of P54 to a dollar by yearend.


Presidential Spokesman Ignacio Bunye said the BSP governor made these predictions to squelch renewed speculation on the peso-dollar exchange rate.


Bunye particularly doused cold water on the reported predictions by foreign banks in the Philippines that the peso would fall to P56 to $1 by the end of this month.


                    [DatePublished] => 2003-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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Palace sees stronger peso this week

By Mayen Jaymalin | December 1, 2003 - 12:00am

Malacañang predicted yesterday a much stronger peso this week with the dollars from overseas Filipino workers (OFWs) expected to start trickling in. "Our long term prospect is that the peso would be...

Business

Palace sees P54 to $1 rate by yearend

By Marichu A. Villanueva1 | September 13, 2003 - 12:00am

Malacañang echoed yesterday the optimistic forecast of Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura that the peso would eventually stabilize at an average rate of P54 to a dollar by yearend. Presidential...

Business