the peso-dollar exchange rate today is U.S. $1 to P42.53 according to the morning show news crawlers (ABS-CBN). It was the same yesterday. But at the banks, it was: “Buying” at U.S. $1 to 41.97; “Selling” at U.S. $1 to P42.97. For money transfers from the U.S. last Aug. 8 (Manila time), it was at U.S. $1 to P41.71. The bank told me the exchange rate in the news was always higher than the real exchange rate in the banks.