OFWs hurt by strong Philippine peso

[Vundaboi]

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The question is, moubos kaha ang krudo ug kuryente? We're a consumer economy, buoyed by billions in yearly remittances. What happens if spending slows down and inflation isn't curbed? What happens to the export market?

[Scott Bernard]

I remember more than a decade ago.... Naa koy ex-gf iyang papa chief engr sa barko. Maglagot ko niya everytime lipay kaayo ilang family kay ang peso to dollar nagka weak... or nagka mahal and dollar (50+ pesos at that time)....

Pohon, I might become an OFW. I'm really strong in my decision nga mo pabor ko ug side sa whole Filipinos kaysa sa uban nga ila rang kaugalingon ilang ge tan aw.

Kay, even if moabot ug 35 pesos ang dollar, mas dako pa gehapon sila ug sweldo kaysa sa mga pinoy working locally.

[balipseyev]

Mas maayo gyud muubos ang peso oy...

[voldemort]

its good news for the Phils.., hehehe usa mansad nga rason mao ang money sa mga OFW maong ni strong ang atong PESO., hehe, in the big picture mas ok ni siya..

What is the big picture, care to expound? Thanks.

[voldemort]

ofw ra ang affected ana. pero ang kinabag-an nga population sa pinas, maka benefit sa pag strong sa peso rate.

How can it be beneficial to the "kinabag-an nga population sa pinas"?

[hardzrock]

ang mga upperclass pipol ray mkafeel ani.

[crossramz]

may unta ui.. bitaw if ever ba mo STRONG og PISO maayo it only means mobalik ang mga OFW dinhi sa Pinas if naa'y trabaho opportunity

kung mo balik sila sa pinas daghan sad ang ma jobless.. daghan gani tambay karon na naa ta daghan overseas workers..

[rickflag]

think it's bad that peso is appreciating. a lot of export businesses will suffer. call centers too because they are paid in dollars by overseas employers. i cringe at the day that they will finally fold up and go back to their home country. that would mean more jobless pinoys.

besides there's no effect in peso appreciating. gasoline is still expensive. Nike shoes is still expensive. i think only the importers are enjoying it.

[ivy_daine]

mosaka ug moubos ang peso, mao lng ghapon..ang inflation rate s pinas mgcge ghapon saka! ang basic commodities cge saka nya ang sweldo wa jd tawn.kng naa mn, pwerte pd gamaya!

[ititub]

dako na kaau kog kansi aning mikusog ang peso...