Basagan ng Trip with Leloy Claudio: Why a depreciating Philippine peso might be a good thing
Leloy Claudio talks about the often overlooked advantages of a depreciating Philippine peso


MANILA, Philippines – For the first time in 11 years, the Philippine peso hit an all-time low against the United States dollar – to the tune of P51 to $1.

The prevailing public sentiment is usually that of unease, but historian Leloy Claudio gives us several reasons why a depreciating currency isn’t so bad at all. –