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  1. O!lman's Avatar
    O!lman is offline Gasoline Boy
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    February 12th, 2007 03:30 PM #1
    Last year the exchange rate was PhP 56.25 per US$, Bakit kaya hindi nababa ang presyo ng sasakyan natin. I have US$ kept in the bank for the purpose of buying a family SUV this year, but i just pospone it for the moment dahil talo talaga. If we will do our simple mathematics, vehicle prices should drop by at least 14% vis a vis w/ the present current exchange rate.
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  2. mazdamazda's Avatar
    mazdamazda is offline www.bigbigcar.com
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    February 12th, 2007 03:43 PM #2
    Well... hindi lang naman exchange rate naka depend ang vehicle price... malaking factor din ang tariffs & tax-breaks.

    For example, Hyundai's SUVs are priced very competitively against the competition. Philippine made SUVs (Tribute & Escape) are also priced lower than their counterparts.
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  3. Mguy's Avatar
    Mguy is offline Moderated
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    February 12th, 2007 03:56 PM #3
    It is easy to justify price increase due to peso devaluation or rising prices of oil, but not for price decrease. They always find another reason not to lower prices even if the real reason is max profits.
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  4. Tacoma_34's Avatar
    Tacoma_34 is offline Nokia Field Ops
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    February 12th, 2007 04:56 PM #4
    what a shame. dapat bumaba na rin ang gas prices.
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  5. gonzo's Avatar
    gonzo is offline Tsikot Member Rank 2
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    February 12th, 2007 05:00 PM #5
    So having a higher peso to dollar exchange rate 56/1$ benifits the masa? having millions of OFW abroad by simple math you can say bumaba ang mga sweldo nila because of low exchange rate ngayon? Just a thought ...
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  6. O!lman's Avatar
    O!lman is offline Gasoline Boy
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    February 12th, 2007 05:26 PM #6
    Wla akong makitang benefits ang improved Exchange rate sa Pinas. Ganun pa rin prices ng commodities.The fact is, i'm losing almost Php8/$ sa sweldo ko. hehehe...mukhang talo din yata ang mga exporters natin.
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  7. gts's Avatar
    gts is offline Verified Tsikot Member
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    February 12th, 2007 07:44 PM #7
    happy importers
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  8. docgorio is offline Tsikoteer
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    February 12th, 2007 07:52 PM #8
    Quote Originally Posted by centum View Post
    Wla akong makitang benefits ang improved Exchange rate sa Pinas. Ganun pa rin prices ng commodities.The fact is, i'm losing almost Php8/$ sa sweldo ko. hehehe...mukhang talo din yata ang mga exporters natin.
    I wholly agree... Ang mga OFW ngayon ang talong talo sa current surge of the PhP...

    Or is it the drop of the USD??? If you look at the exchange rates of the USD against the other currencies especially the Euro, it's dropping like a rock...

    That's why I don't believe that the Philippine economy is improving....
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  9. gonzo's Avatar
    gonzo is offline Tsikot Member Rank 2
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    February 12th, 2007 08:02 PM #9
    Quote Originally Posted by centum View Post
    i'm losing almost Php8/$ sa sweldo ko.
    2X to this! mas mabuti pa ang time ni erap masaya ang mga OFW ang taas ng exchange rate..
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  10. shadow's Avatar
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    February 12th, 2007 08:09 PM #10
    Quote Originally Posted by centum View Post
    Last year the exchange rate was PhP 56.25 per US$, Bakit kaya hindi nababa ang presyo ng sasakyan natin. I have US$ kept in the bank for the purpose of buying a family SUV this year, but i just pospone it for the moment dahil talo talaga. If we will do our simple mathematics, vehicle prices should drop by at least 14% vis a vis w/ the present current exchange rate.
    4 words

    you're in the Philippines!

    Quote Originally Posted by gonzo View Post
    2X to this! mas mabuti pa ang time ni erap masaya ang mga OFW ang taas ng exchange rate..
    ironic noh? actually mga OFW ang one factors kung bakit bumaba ang exchange rates through their remittances...hehhee
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Regarding US$ vs. PhPeso exchange rate.