The monthly average peso-dollar exchange rate slightly went down to 42.7765 in June from 42.8515 in May.

The country’s balance of payments position remained in surplus in the first quarter of 2012 at US$1.2 billion. This was, however, lower by 64.4 percent compared to the US$3.5 billion surplus in the same quarter a year ago, as both the current and capital and financial accounts yielded lower net inflows during the quarter.

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