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US DOLLAR vs. PH PESO BIGGEST RISE IN NEARLY A DECADE

The Philippines Magazine International

THE US DOLLAR vs. PH PESO BIGGEST RISE IN NEARLY A DECADE

BUY. BUY. BUY!

The American Press Service and US Futurists predicted earlier this year, the US Dollar (USD) would hit an all time high gain on the Philippines Peso (PHP). As of this morning, the USD is at nearly 50 to 1 just in time for the holiday’s, has Filipino OFW’s and Balikbayans, as well as American micro-investors scampering to buy, buy, buy! That is a nearly 10 peso per 1 USD gain just for the transfer.

For example, a 1 million Peso condominium that cost around $25,000 cash last quarter or earlier in 2016; now that same condominium is only $20,000, the $5,000 saving/earnings converts to a P250,000 earning/savings literally over night.

Futurist actually expect for the USD to hit nearly P55 to $1 just after New Years Eve as we enter into the 2017 1st ans 2nd Quarters. This would have happened earlier -The American Press Service Futurists believe- if it were not for the drop in the USD due to the skepticism of the global markets due to the controversial Trump US Presidential Election win. To be fair, the USD is also up, against the EURO, unquestionably post BREXIT.

However, the Philippines Peso has continued to declined since the new PH President Duterte has ignited ‘the cleansing’, murders on the streets, as well as, expressed his disdain for America; his criticism of US President Obama and the former (recently) US Ambassador in the Philippines and his seemingly tight alliances with China and Russia which has weakened the Philippines military defenses. Billions of pesos have been withdrawn and/or put on hold buy American and other foreign big and micro-investors.

US DOLLAR vs. PH PESO BIGGEST RISE IN NEARLY A DECADE US DOLLAR vs. PH PESO BIGGEST RISE IN NEARLY A DECADE

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The Philippines is taking the world by storm. As home to Asia’s newest economic BOOM: The Manila Bay Walk, Philippines Fashion Week, The National Capital Region, The Business Park in CEBU, Davao The Land of Promise and the New Mega Manila give new meaning to The Republic of the Philippines.

Comprised of 7,107 of the world’s most extraordinary islands, 102 million of the most beautiful and charming people on earth, nearly 500,000 American residents, plus another 600,000 American tourist –annually..

Over 45 million square feet of retail and high-end living space, more than 25 million entrepreneurs, the world’s #1 Call Center Industry and a growing Medical Tourism Destination..

The Philippines business, tourist and lifestyle has never looked so diverse and promising. Its more Fun in the Philippines!.

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