
Originally Posted by
mang ponso
Some Fil-Ams I know say the same thing. Not a lot of them don't seem to want to go to Europe nowadays, especially in the UK for the dollar's value is halved the moment they land in the UK. Currently, it is $2.10+/- to the UK sterling. The same thing with the Canadian Dollar. The American dollar used to buy more Canadian dollar. Now, they're practically the same value. It is not budget-wise for the Americans to go to these countries for holidays now. Their dollars buy less and less. In a way, this affects the Phils. because our money is pegged by MIF to the American dollar. Kawawa tayo...