Philippine Peso-Dollar Forward Rates                    
                                 
  Spot and Swap Premium                              
    25-May-18   24-May-18   23-May-18   22-May-18 21-May-18  
    BID OFFER   BID OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 52.542 52.572   52.523 52.553   52.329 52.359   52.323 52.353   52.370 52.400  
  Swap premium - onshore                              
                                 
  1 MONTH 0.238 0.278   0.237 0.278   0.234 0.274   0.234 0.274   0.234 0.275  
  2 MONTHS 0.458 0.476   0.457 0.476   0.454 0.472   0.454 0.472   0.454 0.473  
  3 MONTHS 0.678 0.779   0.677 0.779   0.674 0.775   0.674 0.775   0.674 0.776  
  6 MONTHS 1.674 1.698   1.673 1.698   1.670 1.694   1.670 1.694   1.670 1.695  
  1 YEAR 3.672 3.953   3.671 3.952   3.668 3.948   3.668 3.948   3.668 3.949  
                                 
  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                  
                                 
  Data processed at 12:00pm.