CAN WE SUE BUSINESS CONSULTANTS FOR FALSE ADVERTISING? –

One of two main channels by which a weaker currency can pose an economic threat, the company said, is via higher import costs that

“This is unlikely to be a big concern in the - tion been trending down since the start of the the headline rate remains comfortably within the central bank’s 2-percent 4-percent target

The second channel, meanwhile, is where a weaker currency makes a country’s foreign

“We estimate that total foreign currency debt in the Philippines is the equivalent to 29 per - uct) which is relatively low compared to other

Countries that have suffered from foreign currency debt crises, it said, typically had ratios

The peso is now in P51 per dollar territory with analysts expecting P52:$1 to be hit before

The currency lost 4 centavos on Thursday

The Bangko Sentral, however, has said that

and gradually but I can assure that the BSP is in full control of the exchange rate,” central bank

forces should be allowed to dictate foreign exchange movements, with monetary authorities intervening only during times of extreme