FALSE: Forex at P1.50 to P2 per dollar during Marcos years

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Last updated 11 novembro 2024
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
Official data shows the peso-dollar exchange rate was already at P3 in 1965, and it further depreciated throughout Marcos’ term
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
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FALSE: Forex at P1.50 to P2 per dollar during Marcos years
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FALSE: Forex at P1.50 to P2 per dollar during Marcos years
UP School of Economics Student Council - Perhaps, one of the most famous myths of the Marcos golden era is the $1/P2 exchange rate which, in truth, was recorded during the 1950s–
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
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FALSE: Forex at P1.50 to P2 per dollar during Marcos years
Your Daily Dose on X: The Marcos Myth that the peso-dollar exchange rate was 1Peso=$1 under Marcos is FALSE. In 1965 when Marcos became president it was $1=P3.9. In 1972 under ML
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
FALSE: Forex at P1.50 to P2 per dollar during Marcos years
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FALSE: Forex at P1.50 to P2 per dollar during Marcos years
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