Quote Originally Posted by explorer
as the peso value goes up against the dollar....the export capability of the country becomes weaker. if the peso continue to appraciate....it will decrease the export considerably because the value of our export product will become less competitive in terms of price.
well, that is only one side of the coin.

a stronger peso would also mean that LOCAL companies will have the capacity to expand faster since it would mean lesser cost for them is peso-value.

the peso is also greatly undervalued by around 10% or so (because of dollar speculation and political turmoils). expect it to settle around 48:1 which should be the best compromise for all parties concerned.