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Phil PEso, Foreign Currency, Import Export

The document discusses the Philippine peso and foreign currencies. It defines foreign exchange as the process of converting domestic currency into international currencies at exchange rates. These exchange rates impact international trade, capital flows, and political sentiment. Lower exchange rates support exports and tourism by making a country's goods cheaper abroad, while higher exchange rates give domestic consumers more purchasing power for imports. Exchange rates also influence capital flows, as unstable currencies deter foreign investment. The Philippines' major imports are electronic products, fuel, and transport equipment, primarily from China, the US, Japan, and Taiwan.

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73 views9 pages

Phil PEso, Foreign Currency, Import Export

The document discusses the Philippine peso and foreign currencies. It defines foreign exchange as the process of converting domestic currency into international currencies at exchange rates. These exchange rates impact international trade, capital flows, and political sentiment. Lower exchange rates support exports and tourism by making a country's goods cheaper abroad, while higher exchange rates give domestic consumers more purchasing power for imports. Exchange rates also influence capital flows, as unstable currencies deter foreign investment. The Philippines' major imports are electronic products, fuel, and transport equipment, primarily from China, the US, Japan, and Taiwan.

Uploaded by

RUZEL RIGOR
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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The Philippine Peso and Foreign

Currencies
Objectives
At the end of the lesson, the learner is expected to:

Enumerate the different types of Filipino peso bill;

Analyze the impact of money and foreign currency in foreign


exchange in our economy
Watch a video entitled “
Usapang Pera: Noon at Ngayon
”.
https://www.youtube.com/watch?v=28j91QiNq1o
APPLIED ECONOMICS
The Philippine Peso and The Foreign Currency
Foreign exchange identifies the process of converting
domestic currency into international banknotes at particular
exchange rates. These transactions present distinct
ramifications for the global economy. Foreign exchange rates
affect international trade, capital flows and political sentiment.
Further, you should work to understand the economic risks
associated with foreign exchange and globalization, prior to
coordinating financial decisions.
Identification

Foreign exchange rates describe valuations for domestic currency,


which describe the economic and political standing of your home
nation. Low exchange rates may signal recession and political instability.
Alternatively, strong exchange rates often serve as an indicator of
favorable commercial conditions for a particular country. Exchange rates
directly impact international trade. Low exchange rates support tourism
and the export economy. At that point, domestic goods become less
expensive for foreign buyers. Domestic consumers, however, prefer
higher exchange rates. Consumers then have more purchasing power to
spend on imported goods.
Features

Foreign exchange rates influence capital flows, or investment funds that


move into and out of a country. Nations with rapidly deteriorating currency
values are less attractive to foreign investors. At that point, foreigners
liquidate their stocks, bonds, and real estate, because these assets are
losing purchasing power relative to competing investments in other
currencies and countries. International savers prefer to purchase
investments in countries that feature stable and appreciating exchange
rates. Foreigners are more comfortable making overseas financial
commitments when they feel that value will be preserved--as international
profits are eventually converted back into their home currency.
Philippines Imports

Philippines major imports are: electronic products (25 percent),


mineral fuels (21 percent) and transport equipment (10 percent).
Philippines's main import partners are: China (13 percent), the
United States (11 percent), Japan (8 percent) and Taiwan (8 percent).
This page provides the latest reported value for - Philippines Imports
- plus previous releases, historical high and low, short-term forecast
and long-term prediction, economic calendar, survey consensus and
news. Philippines Imports - actual data, historical chart and calendar
of releases - was last updated on June of 2019.

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