Peso so high against USD: Not a good idea! | BERRY BLOG | ON LIFE AND MONEY MAKING

Tuesday, November 2, 2010

Peso so high against USD: Not a good idea!

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The US Dollar rate is falling down against the Philippine Peso this Christmas season!!!  Should I wait for next year until the Dollar rate arises.  I secretly love it when the US Dollar is high against the Philippine Peso hahahahaha.  Please insert *evil smile*  *evil grin*

But really, there's nothing when the Philippine Peso goes high.  The economy is still... like that, nothing change, and even gets worse!  Those who work abroad and leans on the Dollar exchange rate, they also love it when the Dollar goes up.

Should I say that the Philippines is not a poor country?  For me, the Philippines is a rich country!!!  The problem is, the richness of the country goes to the pockets of the politicians!!!

Okay, back to the topic!  Even if the rate is falling down, I would still withdraw the hard-earned Dollar to Peso, because my family needs it.  But I would look into another way of not falling too much from the low US Dollar rate, after the exchange rate to Peso.
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