Winners and losers from peso depreciationThe depreciation of the peso has continued from the last time I wrote about it (Sept. 14 column). Winners and losers in peso depreciation. In this sense, the peso depreciation is also a driver of inflation in the economy. In the history of our country, we have experienced many episodes of peso depreciation. Thus, an improved performance can be expected which strengthens the overall economic response as a result of the current peso depreciation.

Source: Philippine Star October 12, 2022 00:33 UTC