BDO Chief Strategist: #1 Exchange Rate Forecaster in PH

2019 August – Jonathan L. Ravelas is the #1 Exchange Rate Forecaster in the Philippines according to FocusEconomics Consensus Forecast, a leading provider of economic analysis and forecasts for 130 countries and 30 commodities.

 

The First Vice President and Chief Market Strategist of BDO Unibank, Inc. was selected based on the accuracy of his monthly economic forecasts in 2018 during the 2019 Analyst Forecast Awards.

 

FocusEconomics first counted Ravelas among the world’s “most accurate forecasters” in 2016 when he was awarded as the top forecaster in the Current Account category in the Philippines. Current account is a crucial indicator of an economy’s condition that is influenced by key factors such as trade policies, foreign exchange rate, and inflation rate, among others.

 

Ravelas has been the Chief Market Strategist of the country’s largest bank* since 2002. Over 17 years, he has contributed his insight and deep understanding of the local and global market to provide BDO clients with timely and relevant forecasts to help them with their financial decisions and goals.

 

The Analyst Forecast Awards are yearly awards that recognize the analysts whose forecasts for the period are the most accurate. Apart from Current Account, other categories include Gross Domestic Product, fiscal balance, inflation, interest rate, and exchange rate.

 

*As of March 31, 2018, BDO Unibank. Inc. ranks as the country’s largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition.

 

FocusEconomics Consensus Forecast named Jonathan L. Ravelas, First Vice President and Chief Market Strategist of BDO Unibank, Inc., as the #1 Exchange Rate Forecaster in the Philippines during the 2019 Analyst Forecast Awards. He was selected based on the accuracy of his monthly economic forecasts in 2018.

 

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