The strength of peso to a dollar usually increases during "Ber Months" because there is more dollars deposited to the Philippine banks from the Overseas Filipino workers. Last week the rate of a Peso to a dollar is 1 is to 47 but right now it changes to 1 is to 46. It is a good sign that the economy of the Philippines is getting stronger. The economic problem of the Philippines particularly on oil prices also goes down because the price of oil per barrel abroad went down. I hope and pray that this good signs of economic progress will continue to improve so that Philippine economy will be stable enough to hold its good status.
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