Tag: currency depreciation

Peso depreciation could be the jobs engine the Philippines needs, says UA&P senior economist

As the peso slides toward 62 to the dollar, an economist is pushing back against the instinct to treat currency weakness as a threat, arguing instead that a depreciated peso is one of the more reliable tools the Philippines has for generating jobs and reviving its long-stagnant export sector. University of Asia and the Pacific (UA&P) Senior Economist Dr. Victor Abola made…

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