Agri merchandise exports grow in end-July despite weak dollar

From: The Manila Times | Date: October 12, 2007| Author: Leyco, Chino S | Copyright information

Despite the fast appreciation of the peso against the dollar, Philippine farm-sector exports grew in the first seven months of the year, the Department of Agriculture said Thursday.

Agriculture Undersecretary Bernadette Romulo-Puyat said that sales of farm products abroad increased by 9.02 percent to $1.66 billion at end-July, even as the peso was still at the 45-to-a-dollar level.

"Fishery products like carrageen and tuna, along with high-value crops like coconuts, pineappl...

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