SG Pinoys: Remit NOW!

If you are a Filipino currently working in Singapore and you are wondering when is the best time to remit, DO IT NOW!!!

Since 29-August-2009 about a week ago, SGD 1.00 is now PHP 33.40. That's the highest it's been for a while. Prior to that, the rate was pegged at PHP 33.00. Normally peaks like this only last for a few days. I'm wondering why it's still stuck there for more than a week.

Then again, if you look at the Philippines right now.... Uhm... Well... Do I really need to explain further?

That could quickly change though. With Aquino's announcement of his candidacy, Mikey Arroyo's tomfoolery and his pathetic excuse of a rebound, and the recent sinking of SuperFerry 9... Who knows, right?

Timing is everything. People working the forex can of course use this to their advantage.

Well, good luck!