Philippine Peso-Dollar Forward Rates                    
                                 
  Spot and Swap Premium                              
    19-Oct-18   18-Oct-18   17-Oct-18   16-Oct-18 15-Oct-18  
    BID OFFER   BID OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 53.946 53.976   53.990 54.020   53.882 53.912   54.049 54.079   54.155 54.185  
  Swap premium - onshore                              
                                 
  1 MONTH 0.264 0.304   0.265 0.305   0.263 0.303   0.266 0.306   0.268 0.308  
  2 MONTHS 0.484 0.502   0.485 0.503   0.483 0.501   0.486 0.504   0.488 0.506  
  3 MONTHS 0.704 0.805   0.705 0.806   0.703 0.804   0.706 0.807   0.708 0.809  
  6 MONTHS 1.700 1.724   1.701 1.725   1.699 1.723   1.702 1.726   1.704 1.728  
  1 YEAR 3.698 3.979   3.699 3.980   3.697 3.978   3.700 3.981   3.702 3.983  
                                 
  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.