49.xx to 1 USD is here to stay

After speculating that the US dollar will regain its strength later this year last October, i have come to the conclusion that the Peso will stay in its current level for some time.

Why? Well for these reasons:

1. The US economy is still slowing down. Note that the Southeast Asia's currencies have all appreaciated against the US dollar. We are not alone.

2. Interest rates are not going down. This then means we can still get better returns by depositing in Peso accounts. More people will want to convert to Peso.

3. Strong dollar inflows from our beloved OFWs.

Advice:

1. Get into 6 month or 1 year Peso time deposits.

2. You may buy the retail treasury bonds of the government priced at an affordable 5000 pesos each. You can ask your bank if they are selling this.

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