Philippine Peso-Dollar Forward Rates                    
                                 
  Spot and Swap Premium                              
    16-Aug-19   15-Aug-19   14-Aug-19   13-Aug-19 9-Aug-19  
    BID OFFER   BID   OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 52.477 52.507   52.483 52.513   52.166 52.196   52.115 52.145   51.898 51.928  
  Swap premium - onshore                              
                                 
  1 MONTH 0.235 0.276   0.235 0.276   0.229 0.270   0.228 0.269   0.224 0.264  
  2 MONTHS 0.455 0.474   0.455 0.474   0.449 0.468   0.448 0.467   0.444 0.462  
  3 MONTHS 0.675 0.777   0.675 0.777   0.669 0.771   0.668 0.770   0.664 0.765  
  6 MONTHS 1.671 1.696   1.671 1.696   1.665 1.690   1.664 1.689   1.660 1.684  
  1 YEAR 3.669 3.950   3.669 3.950   3.663 3.944   3.662 3.943   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