The Influencing Factors and Forecast of the Philippine Peso Exchange Rate

Chiba Naoto

doi:10.54691/bcpbm.v25i.1848

Authors

Chiba Naoto

DOI:

https://doi.org/10.54691/bcpbm.v25i.1848

Keywords:

Philippines, Purchasing power parity, Interest rate parity

Abstract

Based on theoretical models such as purchasing power parity and interest rate parity, this paper analyzes the factors affecting the exchange rate of the Philippine peso from the aspects of inflation, balance of payments, and interest rates. According to the forecast of exchange rate changes, it is concluded that the peso will continue to depreciate in the short term in the future.

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