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Peso fall hits low vs US dollar end of september 2016

The Philippine peso fell down as the mark of the lowest level against the dollar currency  in the 7 years as the exchange rate is  P48 to $1 dollar . Giving the dollar a strong purchasing power against the peso. Best time for the foreign to invest in Cebu Property when the dollar rate the currency are high to exhange Philippine Peso.

This month of September , the peso has dropped by 3.5%. The trend began in September after President Rodrigo Duterte declared a "state of national emergency on account of lawless violence" . Fed predicts that the rebound would continue through the second half, and indicated the rate go high before the end of the year.

The market get stronger with acceleration speed  when the US Federal Reserve rate hike discussion was on fast speed.