Philippine peso expected to depreciate to 45 to a dollar by yearend

Finally!  Some good news for dollar earners like me!  We have been languishing suffering an exchange rate that has gone down to around US$39 (for our Paypal transactions) so this is definitely welcome news for us.  A year of US$45 to a dollar would certainly help our cash flow a bit!

Philippine peso expected to depreciate to 45 to a dollar by yearend

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