There will be winners and there will loser in the devaluation of peso. Sure some exporters will come out with more competitive prices for their products and OFW's remittances will get to buy more here. But exporters of electronics, which by far the biggest in the country accounting for more than 40% of the total exports, will likely suffer because most of them are actually just toll assemblers of imported parts.

American and Japanese tourists will be happy to spend here but citizens of other countries whose currencies deteriorated may not feel like coming here.

Real property should be benefitted by a lesser valued peso if only Fil-ams and OFWs can keep their jobs abroad.

The mostly imported cars being sold here will definitely be higher if peso devaluation is the only factor being considered and us here, tsikoteers are the worse for it.