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The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱28.05 trillion ($508.79 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The Philippines, [g] officially the Republic of the Philippines, [h] is an archipelagic country in Southeast Asia.In the western Pacific Ocean, it consists of 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon, Visayas, and Mindanao.
In 2004, the Royal Canadian Mint produced a test token set as a way to commemorate Canada's first 25 cent coloured coin. The token set contains one twenty-five cent coin, and six test tokens. The tokens for the one cent to the twenty five cents are multi-ply plated while the token for the one and two dollar coins are composed of nickel.
Dubai also took delivery of over $15 million worth of watches and over 5 million ounces of silver. The 1967 price of gold was $35 an ounce but its market price in India was $68 an ounce – a healthy markup. Estimates at the time put the volume of gold imports from Dubai to India at around 75% of the total market. [49]
The currency of Singapore is the Singapore dollar (SGD or S$), issued by the Monetary Authority of Singapore (MAS). [268] It has been interchangeable with the Brunei dollar at par value since 1967. [269] MAS manages its monetary policy by allowing the Singapore dollar exchange rate to rise or fall within an
The Japanese yen is the world's third-largest reserve currency after the US dollar and the euro. [175] Japan was the world's fifth-largest exporter and fourth-largest importer in 2022. [176] [177] Its exports amounted to 18.2% of its total GDP in 2021. [178]
Eventually the new Obverse dies did arrive, and they began to mint the 1948 dollars midway through the year. The very low mintages of these made the 1947 Maple Leaf and 1948 dollars exceptionally rare, with the 1948 Silver Dollar commanding a very high market price. (Mint condition 1948 coins are worth over CA$2,000 as of July 2019.
In the two decades that followed, its highest value relative to the US dollar was $0.881 in December 1988. The lowest ever value of the dollar after it was floated was 47.75 US cents in April 2001. [58] It returned to above 96 US cents in June 2008, [59] and reached 98.49 later that year. Although the value of the dollar fell significantly from ...