Philippine Peso-Dollar Forward Rates                    
                                 
  Spot and Swap Premium                              
    19-Aug-19   16-Aug-19   15-Aug-19   14-Aug-19 13-Aug-19  
    BID OFFER   BID   OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 52.298 52.328   52.477 52.507   52.483 52.513   52.166 52.196   52.115 52.145  
  Swap premium - onshore                              
                                 
  1 MONTH 0.232 0.272   0.235 0.276   0.235 0.276   0.229 0.270   0.228 0.269  
  2 MONTHS 0.452 0.470   0.455 0.474   0.455 0.474   0.449 0.468   0.448 0.467  
  3 MONTHS 0.672 0.773   0.675 0.777   0.675 0.777   0.669 0.771   0.668 0.770  
  6 MONTHS 1.668 1.692   1.671 1.696   1.671 1.696   1.665 1.690   1.664 1.689  
  1 YEAR 3.666 3.947   3.669 3.950   3.669 3.950   3.663 3.944   3.662 3.943  
                                 
  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