Philippine Peso-Dollar Forward Rates                    
                                 
  Spot and Swap Premium                              
    20-Nov-19   14-Nov-19   13-Nov-19   12-Nov-19   11-Nov-19
    BID OFFER   BID OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 50.967 50.997   50.839 50.869   50.867 50.897   50.807 50.837   50.631 50.661  
  Swap premium - onshore                              
                                 
  1 MONTH 0.206 0.246   0.203 0.244   0.204 0.244   0.203 0.243   0.199 0.239  
  2 MONTHS 0.426 0.444   0.423 0.442   0.424 0.442   0.423 0.441   0.419 0.437  
  3 MONTHS 0.646 0.747   0.643 0.745   0.644 0.745   0.643 0.744   0.639 0.740  
  6 MONTHS 1.642 1.666   1.639 1.664   1.640 1.664   1.639 1.663   1.635 1.659  
  1 YEAR 3.640 3.921   3.637 3.918   3.663 3.919   3.662 3.918   3.659 3.914  
                                 
  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