On Tuesday, what with all the jitters over the announcement of Estrada’s verdict, the peso hit a low of P47.12=$1.
On Wednesday, as soon as I heard that Estrada was pronounced guilty and that the economy was starting to react positively, i went to the bank and withdrew all the dollars I can. Hehe. Used it to pay large chunks off my two remaining cards.
Turned out to be a good decision because the peso was downhill from then on.