Don’t you find this outlook from BPI a little too agressive for your taste? And they call it ‘Base Case Scenario’.
USD/PHP Quarterly Outlook 4Q-2022 to FY 2023
| Forecast (end of period) | Base Scenario |
|---|---|
| 4Q 2022 | 58.100 |
| 1Q 2023 | 58.705 |
| 2Q 2023 | 59.311 |
| 3Q 2023 | 59.916 |
| 4Q 2023 | 60.521 |