hi pepz,
kana pag ubos sa dollar naay advantage likewise disadvantage,
i try to explain ok?
kon mo ubos ang foreign currency- it means our peso incline to higher value
we are able to cope up a little bit the so called
"inflation rate"example.: ang Poland , 1Euro-equivalent to how many thousand of their currency na
meaning gamatoy kaayo ug value ilahang kuarta, mao usab hinungdan nga wla sila ma
qualified sa European currency,
imagine pepz ha,kini basihe, even ang Spanish "pesetas" ubos rag value sa atong pesos
naghinayhinay na kita ug compete sa foreign currency and that means our economic growth
is gettin better na, if and only if things would get to "stable" level, theres a tendency
that our prices would be cheaper na pod.
we are then trying to accumulate our standard, it really means a lot to our country.
disadvantage:
we pepz living abroad whos trying to help the family across the miles would literally see it
differently hence we have to double the amount to be send out there,
say instead of 100Euro which before reaches to almost 7000pesos
we have to make it 150Euro if we try to maintain the amount we usually send them.
more nxt time ok?
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