Philippine Peso-Dollar Forward Rates                    
                                 
  Spot and Swap Premium                              
    28-Mar-17   27-Mar-17   24-Mar-17   23-Mar-17   22-Mar-17
    BID OFFER   BID OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 50.158 50.188   50.190 50.220   50.340 50.370   50.333 50.363   50.283 50.313  
  Swap premium - onshore                              
                                 
  1 MONTH 0.193 0.233   0.193 0.233   0.196 0.236   0.196 0.236   0.195 0.235  
  2 MONTHS 0.413 0.431   0.413 0.431   0.416 0.434   0.416 0.434   0.415 0.433  
  3 MONTHS 0.633 0.734   0.633 0.734   0.636 0.737   0.636 0.737   0.635 0.736  
  6 MONTHS 1.629 1.653   1.629 1.653   1.632 1.656   1.632 1.656   1.631 1.655  
  1 YEAR 3.627 3.907   3.627 3.908   3.630 3.911   3.630 3.911   3.629 3.910  
                                 
  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