Philippine Peso-Dollar Forward Rates                    
                                 
  Spot and Swap Premium                              
    26-Jun-19   25-Jun-19   21-Jun-19   20-Jun-19 19-Jun-19  
    BID OFFER   BID OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 51.504 51.534   51.325 51.355   51.439 51.469   51.727 51.757   51.866 51.896  
  Swap premium - onshore                              
                                 
  1 MONTH 0.217 0.257   0.213 0.253   0.216 0.256   0.221 0.261   0.224 0.264  
  2 MONTHS 0.437 0.455   0.433 0.451   0.436 0.454   0.441 0.459   0.444 0.462  
  3 MONTHS 0.657 0.758   0.653 0.754   0.656 0.757   0.661 0.762   0.664 0.765  
  6 MONTHS 1.653 1.677   1.649 1.673   1.652 1.676   1.657 1.681   1.660 1.684  
  1 YEAR 3.651 3.932   3.647 3.928   3.650 3.930   3.655 3.936   3.658 3.939  
                                 
  Source : Reuters                              
  Forward exchange rate can be derived from the addition of spot rate and swap premium            
  Note: Peso-Dollar rate are AM (morning) spot rates