Just how strong is the Philippine Economy? Watch this from Bloomberg.
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Great news… any idea if the dollar will stay within the 40 peso
exchange rate specially for Q4?
thanks Randel!
The BSP will do their best to prevent the peso from appreciating all the way to 40 php as this will hurt exports more than it will aid imports.
Most of the growth of developing countries is attributed to a “weak” currency. That’s what makes China (and the Philippines) so attractive to foreign investors.