lots of people are affected if the exchange rate depreciates...
and lots of families too are affected if the exchange rate appreciates since most filipino families now have a member of their family as an OFW.
ang nakakataka neto, even though the exchange rate appreciates, the ordinary filipino cannot really fully realize its impact.
what i cant understand is dollar really went down from 50 to just 47 and yet the commodities are still high.So what is really the impact??Good for the exporter i suppose.
OFW po ako. Malaki na nabawas sa monthly take ko. Kala ko mas gaganda ang lagay ng mga bilihin, dahil naga-appreciate ang Peso against the USD. Pero baligtad ang nangyayari. Pataas pa ang mga presyo.