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Peso to Dollar Exchange

Discussion in 'Banking - Investing - Finances' started by PatO, Jan 3, 2022.

  1. Dutchie

    Dutchie DI Senior Member Showcase Reviewer Veteran Army

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    I realize that it's only one view of something (currency pair analysis) that's quite complicated, but when looking at a longer term graph it doesn't seem very likely that the peso will weaken (much) beyond current levels in the near future.
    upload_2022-1-11_7-43-37.png
     
  2. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    You may be correct but Black Swans pop up at times. Perhaps as the UK prospers due to Brexit ( :smile: )and the Philippines continues to be beset by natural disasters (with serious typhoons likely to become more common), the balance might change. However, the Peso/£ exchange rate has just again fallen to below P70 immediately after being on the cusp!
     
  3. Rye83

    Rye83 with pastrami Admin Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    I don't think it is arbitrary, there are anti-money laundering and drug laws they are subject to. They don't publish all of rules for the same reason tech companies don't publish all of their security/fraud rules; if people knew exactly how it worked they could (and absolutely would) easily work around those rules.
     
    • Agree Agree x 1
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