The peso further weakens against the US dollar as shown by the increasing exchange rate from 48.35 in October to 49.16 in November.

This is also higher compared to 47.01 in the same period last year. Source of data: Bangko Sentral ng Pilipinas (BSP) To download the time-series data on monthly average peso-dollar exchange rate. Please click this In 2015, the Bicol region recorded the fastest growth among the 17 regions at 8.4 percent. It was followed by Western Visayas at 8.3 percent and Davao at 7.9 percent. On the contrary, the poorest performance was that for ARMM; its GRDP contracted by 0.8 percent,