September 23, 2017, 3:35 pm
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1 Philippine Peso = 0.07205 UAE Dirham
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1 Philippine Peso = 0.01644 Euro
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1 Philippine Peso = 0.01454 Falkland Islands Pound
1 Philippine Peso = 0.01447 British Pound
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1 Philippine Peso = 0.87895 Gambian Dalasi
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1 Philippine Peso = 0.14311 Guatemala Quetzal
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1 Philippine Peso = 0.34501 Moldovan Leu
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1 Philippine Peso = 26.68236 Myanmar Kyat
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1 Philippine Peso = 2.01197 Nepalese Rupee
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1 Philippine Peso = 0.01962 Panama Balboa
1 Philippine Peso = 0.06369 Peruvian Nuevo Sol
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1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.06494 Pakistani Rupee
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1 Philippine Peso = 111.25171 Paraguayan Guarani
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1 Philippine Peso = 1.13354 Russian Rouble
1 Philippine Peso = 16.2576 Rwanda Franc
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1 Philippine Peso = 0.2669 Seychelles Rupee
1 Philippine Peso = 0.13067 Sudanese Pound
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1 Philippine Peso = 0.02649 Singapore Dollar
1 Philippine Peso = 0.01455 St Helena Pound
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1 Philippine Peso = 147.14538 Sierra Leone Leone
1 Philippine Peso = 10.928 Somali Shilling
1 Philippine Peso = 402.77613 Sao Tome Dobra
1 Philippine Peso = 0.17167 El Salvador Colon
1 Philippine Peso = 10.10359 Syrian Pound
1 Philippine Peso = 0.2598 Swaziland Lilageni
1 Philippine Peso = 0.64921 Thai Baht
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1 Philippine Peso = 0.0432 Tongan paʻanga
1 Philippine Peso = 0.06876 Turkish Lira
1 Philippine Peso = 0.13239 Trinidad Tobago Dollar
1 Philippine Peso = 0.59217 Taiwan Dollar
1 Philippine Peso = 43.90818 Tanzanian Shilling
1 Philippine Peso = 0.51422 Ukraine Hryvnia
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1 Philippine Peso = 0.01962 United States Dollar
1 Philippine Peso = 0.56582 Uruguayan New Peso
1 Philippine Peso = 158.34804 Uzbekistan Sum
1 Philippine Peso = 0.19569 Venezuelan Bolivar
1 Philippine Peso = 445.73278 Vietnam Dong
1 Philippine Peso = 2.0155 Vanuatu Vatu
1 Philippine Peso = 0.04907 Samoa Tala
1 Philippine Peso = 10.773 CFA Franc (BEAC)
1 Philippine Peso = 0.05297 East Caribbean Dollar
1 Philippine Peso = 10.75142 CFA Franc (BCEAO)
1 Philippine Peso = 1.95017 Pacific Franc
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1 Philippine Peso = 7.10025 Zimbabwe dollar

Wheat drops amid record Black Sea supplies

SINGAPORE- Chicago wheat futures slid on Tuesday, heading for a second straight losing session with pressure from record supplies from the Black Sea region making it difficult for US exporters to win business.

Soybeans dipped for a fourth consecutive session - although losses were marginal - on expectation of a reduction in US yields, while corn fell for the first time in three sessions as markets await key supply-demand reports to be issued by the US Department of Agriculture (USDA).

The most-active wheat contract on the Chicago Board Of Trade eased 0.2 percent to $4.34 a bushel, having closed down 0.7 percent on Monday, when prices hit a low of $4.31-1/2 a bushel - the weakest since Aug. 31.

Soybeans were 0.2 percent lower at $9.58-1/4 a bushel after dropping on Monday to $9.56-3/4 a bushel, the lowest since Sept. 5. Corn gave up 0.3 percent to $3.56-1/2 a bushel.

“The market lacks evidence that US (wheat) exports are responding to more competitive US prices,” said Tobin Gorey, director of agricultural strategy at Commonwealth Bank of Australia.

“We still think the evidence will emerge but understand the doubts.”

Losses in wheat futures came despite Australia lowering its crop production forecast. The Australian government lowered its estimate of the country’s 2017/18 wheat crop to 21.64 million tons, an eight-year low, from a March forecast of 23.98 million.

Russia’s wheat production has climbed to an all-time high while Ukraine is harvesting a large crop. These two countries and other exporters in the northern hemisphere are expected to keep global markets well supplied.

Meanwhile analysts expect the USDA to trim its US 2017 yield estimates for corn and soybeans.

The USDA in a weekly report said the US corn harvest was 5 percent complete, near the five-year average of 6 percent and ahead of the average trade estimate of 4 percent. But crop maturity lagged in key states. 

In Iowa, the top US corn producer, USDA said 15 percent of the crop was mature, below the five-year average of 28 percent. The corn crop in the No. 2 producer, Illinois, was 26 percent mature, compared to the five-year average of 41 percent. – Reuters 
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