Chitchat Pinoy Peso At 13 Year-Old Low Against US$ And PAP Dollar! Majulah PAP! Should John Tan Bring Wifey To Palawan For Holiday Soon?

[JohnTan]

SINGAPORE: The Philippine peso plunged to its lowest in nearly 13 years against the US dollar on Tuesday (Sep 25) amid talk of another interest rate hike by the central bank, while US-China trade tensions continue to cloud the global outlook.

The peso fell as low as 54.66 per US dollar on Tuesday, its weakest level since Nov 22, 2005, when it touched 54.99 versus the dollar.

Against the Singapore dollar, the peso fell to an intraday low of 39.87, the lowest since Jun 14, when it touched 39.98.

Ms Gina Macalanda, a foreign domestic worker in Singapore, said that the current situation favours Filipino overseas workers like herself.

"The cost of living has become very high in the Philippines. All the products - especially food - has become very expensive.

"A weakening peso benefits overseas foreign workers because the exchange rate is high and I can get more pesos for every Singapore dollar I change," she said.

POTENTIAL RATE HIKE

The Philippines central bank is expected to raise rates by another 50 basis points on Thursday, in order to curb inflation and shore up the shaky peso currency, a Reuters poll showed.

The central bank has raised interest rates by 100 bps since May, including 50 bps on Aug 9, in a bid to tamp down inflationary pressures, which have been steadily rising since January due to higher taxes, a weak peso, and rising food and fuel costs.

In August, inflation surged to a more than nine-year high of 6.4 per cent, way above the central bank's 2-4 per cent comfort range, prompting policymakers to say they would take "strong immediate action" to manage the pace of price increases.


Read more at https://www.channelnewsasia.com/news/business/philippine-peso-plunges-to-near-13-year-low-10757006

Read more at https://www.channelnewsasia.com/news/business/philippine-peso-plunges-to-near-13-year-low-10757006

 

[Ang4MohTrump]

China is progressively strong and USA is progressively weak. And both the speeds are on accelerating scale.

Especially with Dotard presidency. MAGA made USA lost all it's last alliances and made entire world enemies of USA. Even smallest 3rd world see USA as weak opponents and challenge USA without reconsideration. Total collapse is inevitable.

You look at USA now, anyone proposed to work for Dotard get targeted mercilessly for life time career destruction and even imprisonment, BEFORE TAKING a job from Dotard.

https://www.huffingtonpost.ca/entry/brett-kavanaugh-virgin-high-school_us_5ba96904e4b0375f8f9fcf9a

Brett Kavanaugh Claims Past Virginity As Defense Against Sexual Assault Claims
The Supreme Court nominee said he can't have been a predator because he was a virgin in high school.

• 
  
  
  By Doha Madani, HuffPost US

X




Supreme Court nominee Brett Kavanaugh’s latest defense against two sexual misconduct allegations is that he was a virgin in high school and for “many years thereafter.”
Kavanaugh claimed he couldn’t have sexually assaulted anyone as a teenager because of his virginity in a Fox News interview on Monday. Dr. Christine Blasey Ford, who goes by Christine Blasey professionally, has accused him of attacking her at a party more than 35 years ago when they were both in high school.
Kavanaugh and Blasey will give their separate accounts of what did or did not happen on Thursday before the Senate Judiciary Committee.
“We’re talking about allegations of sexual assault. I have never sexually assaulted anyone,” the nominee told Fox News. “I did not have sexual intercourse, or anything close to sexual intercourse, in high school or many years thereafter.”

Blasey alleges that Kavanaugh pinned her down, groped her and attempted to take off her clothes during a party. She contends that he was drunk at the time and that he only stopped after a classmate threw himself on top of them, giving her a chance to run away.
It should go without saying that virginity does not mean a person is not capable of drunkenly groping another person against her will.
A second woman, Deborah Ramirez, has accused Kavanaugh of exposing himself and thrusting his penis at her face when they were both college students at Yale during the 1983-1984 school year. Ramirez says that they were both intoxicated at that party and that she isn’t entirely sure of her memories.
The New Yorker, which first published Ramirez’s account on Sunday, was not able to independently confirm if Kavanaugh was at the Yale party she described, but interviewed several of Ramirez’s classmates, who recalled hearing about the alleged incident in vague terms.
Kavanaugh has also pointed to a letter signed by 65 women he has known for decades attesting that the judge has always treated them with “decency and respect.” Again, this letter is not evidence that he did not commit sexual assault. A person can treat hundreds of women well and still mistreat some other women.
Related Coverage

• Christine Blasey Ford Agrees To Thursday Hearing On Kavanaugh

 

[winnipegjets]

Please go to Palawan for vacation. I think the Islamists are waiting there to greet you. You can bet the PAP government will not pay a ransom to free you. Good luck.

 

[greedy and cunning]

Pinoy Peso At 13 Year-Old Low Against US$ And PAP Dollar! Majulah PAP!
Should John Tan Bring Wifey To Palawan For Holiday Soon?

peso down also u want to capitalise on it.
ok , go ahead and organise a tour group to palawan.
make sure there are enough silly participants from PeeA and CiCi
at least 60 people to qualify for free trip for you and your wifey.