PhP 51.48 : $1

Here’s another something to smile about: the peso is getting stronger. Last Friday, February 10, 2006, it closed at PhP 51.48 to a dollar.

Despite the chaos, tragedies and political instability, the Philippine peso has somehow managed to stay afloat. The problem now is how to keep it afloat. Hopefully, it will only get stronger against the dollar.