Jonathan Ravelas Quotations

Next week, I expect the peso to test 51. With the lifting of the state of emergency, the focus of financial markets will shift back to fundamentals.

Next week, I expect the peso to test 51.

Because of the commitment to bring down the budget gap, investors are now rewarding the government through fresh foreign direct and portfolio investments.

Fund managers are starting to liquidate their positions in the market. Given this trend, the best time to buy stocks would be during Holy Week.

It is a calibrated and preemptive response to rising inflation. They are more concerned with containing inflation pressures arising from higher value-added tax and crude oil prices.

I think there's still a possible rate hike if the Fed rate goes above 5 percent and oil prices remain high.

The present move seems to be targeting the 50.40-50.45 levels.

We are seeing the government's commitment to solve its fiscal problems more aggressively. That will translate to more investments.

This will be taken positively by the market. Investors have been worried about the government's finances.

The peso is likely to test the 51-to-one levels as early as next week.

The peso attempted to breach the 53 level for the first time in over two years. The next target would be for the peso to reach the 52-to-a-dollar level.

The recent falls should be taken as an opportunity to buy ahead of the index change in April.

There could be a quarter-point increase every quarter to (a total of) one percentage point for the full year.

We could still probably go to 150-170 (basis points on the Philippine five-year CDS). People are going to be waiting for the first-quarter tax numbers before taking it to those levels.

The risk to the administration seems to be dissipating ... we will probably see a more stable market next week.

The strong remittances and additional government spending this year should help mitigate the adverse impact of additional taxes and high oil prices on consumer spending.

This is good news but we can't say at this point that a recovery is now underway. We want to see first how exports will perform in the next two to three months before we can make any conclusion.

The lifting of the state of emergency is a clear signal that the threats against the government have been neutralized more so this would boost financial markets, particularly the peso.

The flows are getting bigger. We're sending more workers and we're sending more teachers compared with entertainers. So when they remit, it's bigger.

The change itself should be positive for the market.

The central bank is trying to combat persistent inflationary pressures. This is a signal to the market that interest rates have bottomed out and we should expect more increases.

The market is reacting to ongoing concerns of a threat to oust the president.