May 30, 2017, 8:59 pm
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1 Philippine Peso = 0.07364 UAE Dirham
1 Philippine Peso = 2.41007 Albanian Lek
1 Philippine Peso = 0.03564 Neth Antilles Guilder
1 Philippine Peso = 0.31981 Argentine Peso
1 Philippine Peso = 0.027 Australian Dollar
1 Philippine Peso = 0.03589 Aruba Florin
1 Philippine Peso = 0.0401 Barbados Dollar
1 Philippine Peso = 1.6166 Bangladesh Taka
1 Philippine Peso = 0.03506 Bulgarian Lev
1 Philippine Peso = 0.00754 Bahraini Dinar
1 Philippine Peso = 34.21095 Burundi Franc
1 Philippine Peso = 0.02005 Bermuda Dollar
1 Philippine Peso = 0.02781 Brunei Dollar
1 Philippine Peso = 0.13836 Bolivian Boliviano
1 Philippine Peso = 0.06529 Brazilian Real
1 Philippine Peso = 0.02005 Bahamian Dollar
1 Philippine Peso = 1.29236 Bhutan Ngultrum
1 Philippine Peso = 0.20493 Botswana Pula
1 Philippine Peso = 401.44376 Belarus Ruble
1 Philippine Peso = 0.04006 Belize Dollar
1 Philippine Peso = 0.02702 Canadian Dollar
1 Philippine Peso = 0.01963 Swiss Franc
1 Philippine Peso = 13.52517 Chilean Peso
1 Philippine Peso = 0.13741 Chinese Yuan
1 Philippine Peso = 58.34771 Colombian Peso
1 Philippine Peso = 11.64428 Costa Rica Colon
1 Philippine Peso = 0.02005 Cuban Peso
1 Philippine Peso = 1.98697 Cape Verde Escudo
1 Philippine Peso = 0.47778 Czech Koruna
1 Philippine Peso = 3.56126 Djibouti Franc
1 Philippine Peso = 0.13403 Danish Krone
1 Philippine Peso = 0.93884 Dominican Peso
1 Philippine Peso = 2.17475 Algerian Dinar
1 Philippine Peso = 0.28187 Estonian Kroon
1 Philippine Peso = 0.36094 Egyptian Pound
1 Philippine Peso = 0.46049 Ethiopian Birr
1 Philippine Peso = 0.01801 Euro
1 Philippine Peso = 0.04182 Fiji Dollar
1 Philippine Peso = 0.01561 Falkland Islands Pound
1 Philippine Peso = 0.01565 British Pound
1 Philippine Peso = 0.0872 Ghanaian Cedi
1 Philippine Peso = 0.90034 Gambian Dalasi
1 Philippine Peso = 181.17105 Guinea Franc
1 Philippine Peso = 0.14734 Guatemala Quetzal
1 Philippine Peso = 4.06477 Guyana Dollar
1 Philippine Peso = 0.15626 Hong Kong Dollar
1 Philippine Peso = 0.47034 Honduras Lempira
1 Philippine Peso = 0.13286 Croatian Kuna
1 Philippine Peso = 1.33467 Haiti Gourde
1 Philippine Peso = 5.54381 Hungarian Forint
1 Philippine Peso = 267.31502 Indonesian Rupiah
1 Philippine Peso = 0.07139 Israeli Shekel
1 Philippine Peso = 1.29406 Indian Rupee
1 Philippine Peso = 23.68157 Iraqi Dinar
1 Philippine Peso = 650.67176 Iran Rial
1 Philippine Peso = 1.99739 Iceland Krona
1 Philippine Peso = 2.59535 Jamaican Dollar
1 Philippine Peso = 0.01422 Jordanian Dinar
1 Philippine Peso = 2.22292 Japanese Yen
1 Philippine Peso = 2.06637 Kenyan Shilling
1 Philippine Peso = 1.36342 Kyrgyzstan Som
1 Philippine Peso = 81.33948 Cambodia Riel
1 Philippine Peso = 9.02567 Comoros Franc
1 Philippine Peso = 18.04692 North Korean Won
1 Philippine Peso = 22.52055 Korean Won
1 Philippine Peso = 0.00608 Kuwaiti Dinar
1 Philippine Peso = 0.01644 Cayman Islands Dollar
1 Philippine Peso = 6.22579 Kazakhstan Tenge
1 Philippine Peso = 164.42751 Lao Kip
1 Philippine Peso = 30.1925 Lebanese Pound
1 Philippine Peso = 3.06196 Sri Lanka Rupee
1 Philippine Peso = 1.8448 Liberian Dollar
1 Philippine Peso = 0.25807 Lesotho Loti
1 Philippine Peso = 0.06113 Lithuanian Lita
1 Philippine Peso = 0.01244 Latvian Lat
1 Philippine Peso = 0.02794 Libyan Dinar
1 Philippine Peso = 0.19633 Moroccan Dirham
1 Philippine Peso = 0.36344 Moldovan Leu
1 Philippine Peso = 1.10347 Macedonian Denar
1 Philippine Peso = 27.33106 Myanmar Kyat
1 Philippine Peso = 48.04492 Mongolian Tugrik
1 Philippine Peso = 0.16094 Macau Pataca
1 Philippine Peso = 7.17866 Mauritania Ougulya
1 Philippine Peso = 0.6938 Mauritius Rupee
1 Philippine Peso = 0.308 Maldives Rufiyaa
1 Philippine Peso = 14.38981 Malawi Kwacha
1 Philippine Peso = 0.37146 Mexican Peso
1 Philippine Peso = 0.08585 Malaysian Ringgit
1 Philippine Peso = 0.26102 Namibian Dollar
1 Philippine Peso = 6.43674 Nigerian Naira
1 Philippine Peso = 0.59984 Nicaragua Cordoba
1 Philippine Peso = 0.16929 Norwegian Krone
1 Philippine Peso = 2.06136 Nepalese Rupee
1 Philippine Peso = 0.02844 New Zealand Dollar
1 Philippine Peso = 0.00772 Omani Rial
1 Philippine Peso = 0.02005 Panama Balboa
1 Philippine Peso = 0.06582 Peruvian Nuevo Sol
1 Philippine Peso = 0.06346 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.09846 Pakistani Rupee
1 Philippine Peso = 0.07534 Polish Zloty
1 Philippine Peso = 112.05735 Paraguayan Guarani
1 Philippine Peso = 0.07301 Qatar Rial
1 Philippine Peso = 0.08223 Romanian New Leu
1 Philippine Peso = 1.13242 Russian Rouble
1 Philippine Peso = 16.43433 Rwanda Franc
1 Philippine Peso = 0.07519 Saudi Arabian Riyal
1 Philippine Peso = 0.15815 Solomon Islands Dollar
1 Philippine Peso = 0.2679 Seychelles Rupee
1 Philippine Peso = 0.13354 Sudanese Pound
1 Philippine Peso = 0.17503 Swedish Krona
1 Philippine Peso = 0.02781 Singapore Dollar
1 Philippine Peso = 0.01561 St Helena Pound
1 Philippine Peso = 0.44528 Slovak Koruna
1 Philippine Peso = 150.39102 Sierra Leone Leone
1 Philippine Peso = 10.96852 Somali Shilling
1 Philippine Peso = 441.47785 Sao Tome Dobra
1 Philippine Peso = 0.1749 El Salvador Colon
1 Philippine Peso = 10.32645 Syrian Pound
1 Philippine Peso = 0.26048 Swaziland Lilageni
1 Philippine Peso = 0.68398 Thai Baht
1 Philippine Peso = 0.04812 Tunisian Dinar
1 Philippine Peso = 0.04614 Tongan paʻanga
1 Philippine Peso = 0.07172 Turkish Lira
1 Philippine Peso = 0.13474 Trinidad Tobago Dollar
1 Philippine Peso = 0.60567 Taiwan Dollar
1 Philippine Peso = 44.71626 Tanzanian Shilling
1 Philippine Peso = 0.52777 Ukraine Hryvnia
1 Philippine Peso = 72.08743 Ugandan Shilling
1 Philippine Peso = 0.02005 United States Dollar
1 Philippine Peso = 0.56748 Uruguayan New Peso
1 Philippine Peso = 76.19812 Uzbekistan Sum
1 Philippine Peso = 0.20001 Venezuelan Bolivar
1 Philippine Peso = 455.96552 Vietnam Dong
1 Philippine Peso = 2.1526 Vanuatu Vatu
1 Philippine Peso = 0.05162 Samoa Tala
1 Philippine Peso = 11.80971 CFA Franc (BEAC)
1 Philippine Peso = 0.05414 East Caribbean Dollar
1 Philippine Peso = 11.85342 CFA Franc (BCEAO)
1 Philippine Peso = 2.13836 Pacific Franc
1 Philippine Peso = 5.01103 Yemen Riyal
1 Philippine Peso = 0.26116 South African Rand
1 Philippine Peso = 104.06056 Zambian Kwacha
1 Philippine Peso = 7.25687 Zimbabwe dollar

Debate over rice

RICE, this common Filipino staple, has surfaced again as a hot topic for acrimonious debate, among government officials and businessmen, consumer advocates and ordinary workers.

The reason is quite obvious: government declares and implements policies on rice production and importation, and whenever policies are changed, as happens when there is a turnover in government, certain rice sectors make money, really big money.

President Rodrigo Duterte was embroiled in the rice trap recently when he fired Undersecretary Maia Chiara Valdez of the Office of the Cabinet Secretary over her insistence on allowing the importation of rice, at a time when local farmers had current bumper harvests. Duterte announced he was firing Valdez in a talk with farmers in Nueva Ecija; the President on that occasion wanted to gain favors from the farmers, in his usual cozying up mode, and assured them that their rice harvests would be bought by the National Food Authority, and at a high price.

Valdez, in her defense, said she was just implementing a decision of the NFA Council headed by Cabinet Secretary Leoncio Evasco Jr. which has gathered dust on the desk of NFA Administrator Jason Aquino.

Aquino had said he is not opposed to importation, but he wanted it to be a government-to-government deal so that the usual rice brokers and smugglers would not profit from it.

Most concerned with rice policy is Agriculture Secretary Manny Piñol , who incidentally does not have operational control over the NFA but is in touch with farmers’ problems every day. Piñol is vehemently opposed to importation at a time of good rice harvest, and from him probably Duterte got the rationale for firing Valdez.

Lately, Secretary Piñol had another quarrel with so-called Think Tanks -- the Global Source and the Foundation for Economic Freedom -- who predicted runaway inflation if the government insists on not importing rice. As think-tank gobbledygook goes, they cited statistics and economic studies to justify their claims, and Piñol attacked their grim projections, wondering who’s financially behind these groups.

Piñol ‘s take is that private interests particularly “greedy businessmen” are behind these think-tank warnings of a spike in rice prices. Championing the cause of economic plight of local farmers, the agriculture secretary pointed out that farmers stand to earn an additional P24.38 billion if rice importation is deferred at this time.

Three opposing views on rice importation are on the President’s desk, all pushed by the President’s men with expert, if divergent, ideas on the matter -- Evasco, Aquino, and Piñol. The President should be guided by real facts and figures if he is to make a viable decision that will benefit the nation, without the need to pander to any interest group, whether it be farmers or importers.
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