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Japanese Yen Near to Record High vs Other Major Currencies

The Japanese Yen has always been a stable foreign currency. Even immediately after the earthquake, tsunami, and scare of radiation from the 'meltdown' of nuclear facilities, the Japanese Yen still showed signs of stability. Short term, this is good for Filipinos coming home from Japan who wanted to start anew leaving their painful experiences in Japan.Their Japanese Yen with near record high values, should sell favorably vs Philippine Peso.

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About this Site

This site aims to provide you with everything you need to know to send money to the Philippines. With about 10 million Pinoys living overseas, mostly to work, remittances to the Philippines remain to be the economy's main source of foreign fund. The World Bank estimated 17B USD in remittances by end of 2009, next only to India and China as the world's top recipient countries of remittances. I hope this site can provide a comprehensive guide and all the possible options for Filipinos living abroad and Foreigners living in the Philippines to provide for their families and loved ones in the most economical and convenient way.