May 30, 2017, 9:07 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

AFTER BREXIT: Carney calls for UK-EU bank rules pact

LONDON - Bank of England Governor Mark Carney called on Friday for Britain and the European Union to reach a sweeping deal to recognize each others’ bank rules after Brexit, or risk a potentially damaging hit to financial services across Europe.

Speaking at Thomson Reuters’ London office, Carney said the outcome of Brexit for financial services would be a “litmus test” for global banking rules and warned against the temptation to try to put up barriers to capital flows.

“The United Kingdom has been at the heart of the global economy for centuries. Throughout that period the City has channelled the life blood of the world economy, finance,” he said in a speech.

“It is all too easy to give into protectionism, but the road less taken is often the most rewarding.”

Banks, including many from the United States and other countries around the world, use London as their base for operating across the European Union, making the British capital the biggest financial centre in the region by far.

But their EU “passports”, which enable them to operate throughout Europe from a single office in London, are set to be lost once the UK pulls out of the bloc in two years’ time.

British hopes of securing a generous new deal are likely to be contested by politicians in many EU states who were jolted by the decision of British voters last year to leave.

Recognizing the risk of future barriers, Carney said banks had to be ready for a “hard” Brexit and set a July 14 deadline for all cross-border finance firms operating in Britain to tell the BoE how they would cope with an abrupt EU exit.

It is not just banks that cluster their EU operations in Britain which face risks.

European firms which operate in London via EU passports should be prepared to set up separately capitalised subsidiaries in Britain and submit to BoE regulation if Britain and the EU cannot reach a deal, the BoE’s top banking regulator Sam Woods said on Friday.

Banks are making contingency plans but Carney said they should not rush to leave London. “In my view it would be extreme to take precipitate action.”

Lenders are concerned that Britain and the EU will not reach a deal in time for Brexit which is due in two years’ time, and are preparing to move staff from London. Germany and France are trying to lure jobs to their financial capitals.

HSBC HSBA.L, UBS UBSG.S and Morgan Stanley MS.N have decided to move about 1,000 staff each from London in the next two years, sources familiar with their plans have told Reuters.

Goldman Sachs GS.N said last month it would begin moving hundreds of people as part of its contingency plans.

Prime Minister Theresa May mentioned the importance of reaching a trade deal with the EU that includes financial services as a “crucial sector” when she triggered the two-year process of Britain’s exit from the EU last week.

But many bankers have said they are not convinced the government will prioritise their industry, with May making controls on immigration a top aim.

Carney said he expected financial services to be part of a “bigger deal” on trade between Britain and the EU.

He warned of the potential hit to the economy in Europe from a hard Brexit for banking, saying it would be tough for other EU countries to match the scale and expertise of Britain. “That’s very difficult to replicate,” he said.

To reduce the risk of disruption, the Britain and the EU should take “the high road” of mutually recognizing their financial rules, allowing companies to operate smoothly across the English Channel as they have done until now.

“The EU and UK are therefore ideally positioned to create an effective system of deference to each other’s comparable regulatory outcomes, supported by commitments to common minimum standards and open supervisory co-operation,” he said.  – Reuters 
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