Thursday, June 5, 2003

I really find these foreign currency rating companies damn irritating! When the value of peso to dollar goes up, they make a projection that peso value will go down to 57 pesos a dollar by the end of this year.

If the value of peso hit an all-time low say 54-56, they are worried that the peso value is going down. That the economy is not stable and that devaluation of currency is not so welcoming to potential investors. Ano ba talaga?! :fume:

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It is always refreshing to know what is in your mind. Thanks!