Archive for the 'Economy' Category

Feb 28 2008

Higher peso or lower peso

Published by Jayvee under Economy

The economy of the Philippines has been doing great. With peso to dollar exchange of P40 to P41. But have all the Filipinos get the benefit of higher peso rating? I mean, if the economy is doing good, why do we have people who beg for money in the streets. Consumable prices has never went down. Instead it went up.

For me, I better go for lower peso value because of higher dollar exchange rate.

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