00:00Well, first of all, do not take it with alarm.
00:03We don't panic.
00:05It is an effect of really of still the rising prices of oil
00:09and subsequently the rising prices of fuel
00:12and its effect on the economy.
00:15However, people can take solace in the fact that
00:20our policy towards the Peso is to continue to defend the Peso
00:26as hard as we possibly can.
00:29We have all the tools to defend the Peso.
00:32We have all the means to defend the Peso.
00:34And with that in mind, we will continue to do all that we can
00:39to make sure that the value of the Peso does not continue to go down,
00:49especially relative to the dollar.
00:51The dollar is also becoming very strong.
00:53But nevertheless, we have the means, as I say.
00:56We do that, our foreign exchange reserves are healthy
01:00and we will be able to defend the Peso.
01:03So we will continue to defend the Peso.
01:05How about the price of basic goods?
01:07All right.
01:08All right.
01:20All right.
01:21Who's the Peso.
01:21All right.
01:21All right.
