Thursday, December 15, 2011

How will the Philippine peso fare if /when the USD is no longer the gold standard?

Anyone have any ideas as to what might become of the financial future of the Philippines?|||1 Philippine peso = 0.0215 US dollars





It should be some time before the dollar ceases to exist. It is a reserve currency for many countries that are a lot more important both economically and politically than the Philippines.





For the mid-term I would hasten a guess that the Philippine Peso will appreciate along with other merging market currencies vs the USD.

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