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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
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…
Chapter 11 Mexico: Free-Floating Exchange Regime in: Foreign Exchange Intervention in Inflation Targeters in Latin America
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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–
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