Interest rates from the Bangko Sentral ng Pilipinas                      
  Treasury Department                      
  Reference Exchange Rate Bulletin               16 Jan 2017   15-Jan-17  
                             
                             
      COUNTRY   UNIT   SYMBOL   EURO   U.S. DOLLAR EQUIVALENT   PHIL.PESO  
                 
                             
                             
  I.  CONVERTIBLE CURRENCIES WITH BANGKO SENTRAL:                  
  1   UNITED STATES   DOLLAR   USD   0.943129   1.000000   49.622000 *
  2   JAPAN   YEN   JPY   0.008262   0.008760   0.434700  
  3   UNITED KINGDOM   POUND   GBP     1.131189   1.199400   59.516600  
  4   HONGKONG   DOLLAR   HKD   0.121628   0.128962   6.399400  
  5   SWITZERLAND   FRANC   CHF   0.933884   0.990197   49.135600  
  6   CANADA   DOLLAR   CAD   0.718028   0.761325   37.778500  
  7   SINGAPORE   DOLLAR   SGD   0.660362   0.700182   34.744400  
  8   AUSTRALIA   DOLLAR   AUD   0.705838   0.748400   37.137100  
  9   BAHRAIN   DINAR**   BHD   2.501802   2.652661   131.630300  
  10   KUWAIT   DINAR   KWD              
  11   SAUDI ARABIA   RIAL   SAR   0.251461   0.266624   13.230400  
  12   BRUNEI   DOLLAR   BND   0.658058   0.697739   34.623200  
  13   INDONESIA   RUPIAH   IDR   0.000071   0.000075   0.003700  
  14   THAILAND   BAHT   THB   0.026637   0.028243   1.401500  
  15   UNITED ARAB EMIRATES   DIRHAM   AED   0.256788   0.272272   13.510700  
  16   CHINA   YUAN***   CNY   0.136642   0.144881   7.189300  
  17   KOREA   WON   KRW   0.000804   0.000852   0.042300  
  18   EUROPEAN MONETARY UNION   EURO   EUR   1.000000   1.060300   52.614200  
                             
  II.  OTHERS (NOT CONVERTIBLE WITH BSP)                  
                             
  19   ARGENTINA   PESO   ARS   0.059541   0.063131   3.132700  
  20   BRAZIL   REAL   BRL   0.292852   0.310511   15.408200  
  21   DENMARK   KRONER   DKK   0.135007   0.143148   7.103300  
  22   INDIA   RUPEE   INR   0.013836   0.014670   0.728000  
  23   MALAYSIA   RINGGIT   MYR   0.211464   0.224215   11.126000  
  24   MEXICO   NEW PESO   MXN   0.043932   0.046581   2.311400  
  25   NEW ZEALAND   DOLLAR   NZD   0.669716   0.710100   35.236600  
  26   NORWAY   KRONER   NOK   0.110611   0.117281   5.819700  
  27   PAKISTAN   RUPEE   PKR   0.009008   0.009551   0.473900  
  28   SOUTH AFRICA   RAND   ZAR   0.069677   0.073879   3.666000  
  29   SWEDEN   KRONER   SEK   0.105350   0.111703   5.542900  
  30   SYRIA   POUND   SYP   0.001832   0.001942   0.096400  
  31   TAIWAN   NT DOLLAR   TWD   0.029869   0.031670   1.571500  
  32   VENEZUELA   BOLIVAR   VEB   0.094550   0.100251   4.974700  
                             
  Source: REUTERS' N.Y. FOREX CLOSING PRICES -  13 Jan 2017            
  *    Weighted average rate pursuant to Cirular Letter dated 30 July 1992              
  **   Various banks in Bahrain as quoted in Reuters' Screen.                  
  ***   Asian Time Closing Rates as of 1/16/2017                    
                             
  BSP Buying Rate (T/T)     :            Php 49.400000   Gold Buying               : 1,202.550000      
  BSP Selling Rate (T/T)     :            Php 49.900000   Silver Buying              : 16.850000      
  BSP Reference Rate       :             Php 49.650000   SDR Rate                   :          $   1.351250      
  PDS Closing Rate *  :                    Php     15-Jan-17