Why The Philippine Peso Is Dropping

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Information Why The Philippine Peso Is Dropping

Title	:	Why The Philippine Peso Is Dropping
Lasting	:	11.36
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Views	:	212 rb

Industrialization is still the way to go
Comment from : RST

For some filipinos the answer is simple: Kasalanan ng presidente 😂😂😂
Comment from : Kierthas

Enjoy eating pagpag
Comment from : Fathul Kamil

This video will tell you that the Philippines should have a better economy, but it still has a poor one
Comment from : Jericho Joshua Alayon

I'm Filipino and i don't care about php become useless because I earn at least USD1000/day, not PHP1000/day
Comment from : 874 yrs ago

THANKS
Comment from : nelly domingo

it will keep depreciating
Comment from : Nelson Tan

Puro kau english gamitin lahat ng uri ng tao ay mahalaga itinakda ng Dios yan de pwede puro kapitalista mamaho ang mundo
Comment from : Reggie Yunting

Make it 1 is to 100, for National productivity depended on the Arms of the Chinese locally invested in the Philippines brbrOur Leaders didn't really understand the word Self productivuty and Autonomy
Comment from : Ferdinand Diego

Because you guys are worshipping US dollars so much BRICS is on the rise They gonna kill the crooked dollars and the globalist
Comment from : Den2 Of Oz

Corruption of the government, lack of education, increase of the population also the country’s debt
Comment from : Junjun Corona

we have an incompetent and corrupt president
Comment from : This is my youtube account

the country is run by trapos and corrupt , incompetent thanks to gullible and fanatics penoise 👊✌🤡
Comment from : LRenz

that's why if you earned dollars abroad it is best to buy properties here in ph
Comment from : RPAX SO

one day the peso will reverse to the dollar
Comment from : Romeo A Estrella Jr

My wife had to become an OFW to progress
Comment from : Michael Mallal

You should show the effects of corruption both by The United States and The Philippines Governments provide negative impacts on variable exchange rates
Comment from : Neal F Williams

They expelled the US military bases and dropped 10s of billions of US dollars in cash inflow that their economy would take an enormous downturn should have surprised no one They stepped Closer to the chinese who immediately took advantage of them causing an outflow of cash profits and loss of trust in Phillipino investment and loss of native owned businesses Distancing yourself from the worlds #1 economy is bad for you and your economy / currency Who could have guessed
Comment from : J S

Just flip the line charts upside down
Comment from : Varence

Yes, of course it has fallen against the dollar Even since I have been here for 20 years it has fallen
Comment from : The Silent Generation Romans 8:28

Government is just corrupt
Comment from : Keiji Kai

WEAKER VESSEL IS MUCH BETTER THAN HIGHER VESSEL AND BECAUSE OF MUCHbrAND MUCH MINERALS AND GOLD IN PHILIPPINES AND TRILLION TRILLIONS OF DOLLARS IS THE WORTH OF PHILIPPINES ARCHEPILAGO IS COUNTRY OF OPPURTUNITY I THINK THE COMMENTATOR IS RIGHT,, MUCH BETTER WEAKER VESSELbrBECAUSE ONE OF THE RICHES COUNTRY IN THE WORLD IS PHILIPPINES, AMERICA, brAND EUROPE
Comment from : Eduardo Quiban

Not true
Comment from : Carl Cutts

higher dollar rate means higher debt servicing eating into the national budget coupled with corrupt management, the trickle down economy is getting harder to keep Yes luckily, the main export of the Philippines which are its people helped and served as insulation against worldwide economic fluctuations but until when will the Philippines cease on depending in their manpower export and be able to develop a more self sustaining economy we will probably never see in this lifetime
Comment from : Medyo Bastos

nice insights but all that the video said results to Filipino as slaves, as they have to work harder to increase their peso
Comment from : snowhite1qazse4

The Philippines is a tropical country we don't need money actually food is no problem
Comment from : YAYEL TV

Talking about the other side of the coin here? This video maybe sympathizing the Filipinos
Comment from : Johnny Generoso

I remember when huge pieces of bread were just below half a centavo It's about 20-80 times now
Comment from : Proxival

Things will never truly change until the corruption within the government is stopped, the people will never truly get a living wage until the big bosses and owners truly find a good heart and not a selfish one ,And this can only change by the people themselves
Comment from : stewart burdett

Plus stupid Pres West has given us 16 billion $ in trade while China has given us 87 billion $ in trade
Comment from : Ric B

In 1985 $ 1 dollar only P1600 in peso all basic needs are low prices
Comment from : Duff Duffing

much better so that dollar drop down 😂😂😂😂❤❤❤😂
Comment from : Duff Duffing

Anyway we have a lot of gold reserved bars deposited in the banks around the world
Comment from : yani yan

Why? The USA keeps printing USD Now 32+ Trillion Dollars is the USA Debt (KEEP RUNNING THE USD PRINTING PRESS)
Comment from : M Luis Nosce

Watching from Brampton, Ontario, Canada ❤❤❤❤❤
Comment from : Chris Nadres

It because the leftist who keep supporting those leaders that did not have any result even one school in span of 3terms(18years) even those leftist they dont find any result of those dilawan president Ask them😂😂😂
Comment from : VantaBlack

Importing a lot of rice, but lower peso sure doesn't seem to be increasing rice production inside PH Lower peso could increase exports But PH doesn't have much to export Coconut? OFWs seem to be one of the best exports of PHbrbrTourism in PH could be great with so much beach potential But not many tourist want to spend 24 hours on a plane to sit on a beach with so much trash or swim in floating trash PH has extremely cheap labor, but won't pick up trash Cleaning up trash was one of the very first things Singapore did to transform itself from being like PH is today into the growing wealth country it is today Quality of life matters Trash, packs of dogs, burning leaves, crowing roosters, loud karaoke, cutting in line, poor service, etc Sure doesn't seem like Filipinos have any interest in tourism
Comment from : Water Bug

Real you'r asking? again " total corrupt as country psei psco sss secret mahaletc rice - oignong hiding alll foreigner investor's running out out other side fiesta travel ower expenses etc bad descision as friend's politic's alliance- leader's ( eu us ower patay& old as or bricks) buyng sardinas boxes submarin's 10grame of rice 20ps Lang wheee! Again crime & shabu ower laguna- cavité Total corrupt this gouver nement grabe ka miss real tatay digong
Comment from : Art Decorator

one example is FiBA event takes million dollars to bid and do you think we earn back the dollars expense?? was there many tourist who visit Phils to watch the play??? so this alone takes a huge burden on the peso strength
Comment from : John Talens

MGA hayup na halal ng bayan
Comment from : Jing Barredo

How do you avoid fine dust? It’s something that surrounds us in our daily lives Not just outside our homes but in our daily lives inside our homes, schools, offices and public buildings People must be encouraged to use electric modes of transportation, lessen burning candles and install proper air ventilation in our homes There are new homes with such devices now
Comment from : Minviluz Poblete

Dpat IPAGPATULOY NI PBBM YUNG PLANO NG KANILANG AMA N GAEING ASIAN DOLLAR ANG PERA NG PILIPINAS N DAPAT MAS MATAAS ANG VALUE NITO KAYSA DOLLAR NG U S KC TAYO ANG PINAKAMALAKI NG GINTO S PILIPINAS PARA NMAN MATIKMSN ANG MATAGAL NG PLANO AT PANGARAP NUON NG MAHAL N DTING PFEM SMEN
Comment from : Dominador Darang

Nakaw pa more
Comment from : Eric Bernardo

Utang dito, utang Doon Nakaw dito, nakaw duon Magtataka ka pa?? Common sense 😝
Comment from : smiley uy

Don't worry, IMF will come to rescue The Philipines
Comment from : Sjeluc Ten

black weasel white weasel and mangko
Comment from : Jarrod Yuki

The main culprit is the corruption in the government Politicians promises the moon and stars but when they get elected, they have to get their money back and more Filipinos elected an Economist lady president but did not do anything significant and is corrupt as well Now they elected a son of a dictator, they get what they voted for Yes, the peso was one time P2 for a $1, but went up steadily fast during the 2nd term of Marcos presidency, when corruption started, getting kickbacks and giving favors mainly to his folks
Comment from : Rey Infante

Uto uto Ang mga pinoy
Comment from : Elizer Penalber

I don't mind a weaker peso I am more concerned on the balance of local salary and cost of living
Comment from : Stargazer

BRICS currency will destroy Philippine economy!!!! Beware !!!!
Comment from : p51wildfyre

you guys got it all wrong a weaker peso means richer corrupt politicians they hoard local goods like produce and hold them hostage to rot in unmanaged warehouses the corrupt see an opportunity to allow more expensive imported products to enter the country to sell to the local population and earn major kickbacks that diminishes the GDP and exponentially expands the gap between the rich and tee poor
Comment from : Ray Tigno

so basically our economy is set to benefit foreigners not us locals
Comment from : Chris Pan

Hingi akon naniwala sabi ni jr20kg nlang ang bigas kaya nyang gawin
Comment from : Al Mahilum

This one of the great insights I have heard
Comment from : Philippine Coins

The problem, the current government led by Liza Araneta Marcos has appointed many corrupt cabinet members She’s actually the shadow President Marcos Jr is only good in rhetorical speech without substance! He’s the King of cocaine In the Philippines since he was a teenager!
Comment from : Evangeline Baluyut

Paanong di mangyayari yan kng tuloytuloy ang inflation Noon pa nafubg weak ang peso umpisa pa sa panahon ni cory! Maging matatag eto kng maraming investors ang paoassik sa ating bansa ang factors dito ay peace and order at political stability ngunit ang lahat ng factors na eto ay mahirap nating makamit dahil sa probkema ng atibg bansa!
Comment from : Win Bongbong

This video is funded by the communist china propaganda
Comment from : hacsa26a

philippine peso will always be weak as long as the country is run by corrupt and incompetent philippinese, they will never be able to establish a strong and stable economy due to their corrupt culture
Comment from : igor ivanov

Filipino loss is an expat win
Comment from : meowco69

THE AGONY OF PINOY WHILE CHOSING AN INEEFECTIVE AND EXTRAVAGANT PRESIDENT AN EASY GOLUCKY PRESIDENT???
Comment from : Freddie Leriorato

Mas lalong bumabagsak yata ang US kisa sa bansa natin Kung magtulongan tayo ,we will do fine
Comment from : Olivia Aliba

Why is the Philippine Peso dropping Simple Because a vast majority of us here are morons 31 million as of 2022
Comment from : Michael Gerard Austria

Yeah, because of the dollar high interest rate Better look for other alternative sources Like BRICS Which US cannot weaponized the dollar against us
Comment from : moore angels of the table

I wonder when it was 1 to 2 The best I’ve seen was $1 to ₱7 pesos That was in the 70’s
Comment from : Nory Vital Aaron

Stop fake news please Don't underestimate the Philippine peso WAIT SOON
Comment from : Pay Crispo

govt corruption is the cancer of philippine societyofw remittances are mismanagedfor example filipinos keep on importing rice, fish, some vegetables, meat , with a portion of payments for these food going to corrupt govt officials instead of using money to increase livestock and food production by buying new machines for harvesting and development of other technolgies
Comment from : vic fortela

But for me decreasing the value of peso may lead to unafford essential for the locals because even some part of this opportunity that the inflation is useful, but the reality most of people has the minimum wage which would maintain or decrease its wage and value overtime in being which the prices of foods, gas and etc Would be constant increasing
Comment from : JAM buttNot

the peso is low in value compared to the dollar which means people in the philippines will be squeezed even further in being able to afford their basic necessities - food most importantly
Comment from : rmlorat ricl

I have a Filipino cousin working as a butcher in US we do videocalls and I saw how hard his work was Last year, he came to PH, he was an effin Millionaire Bought himself a 4x4 Hilux in his first week
Comment from : Yoriichi

Came to this video expecting a lot of loyalists/fanatics defending the PH Suffice to say i'm not disappointed Some people just cant accept that the PH Government and the people they keep electing (especially this past election) is very corrupt and is the reason why our economy is going down lol
Comment from : Warchief Velarion

Mismanagement
Comment from : junior oragon

Yuan is in danger your currency 😂😂😂
Comment from : Florante Villaruz

Anong problema kung wala ka namang pera hahaha 😂😂
Comment from : morris ignacio

BECAUSE THE GOVERNMENT!!!!!!
Comment from : Charls

Because the current president PBBM is came the corrupt family
Comment from : Rommel Vicente

Peso is dropping because Philippines are following the dollar value
Comment from : Nestor Alejo

Philippine pesos are hard-earned money
Comment from : Terencio Saymo

“The peso is not weak, because the peso is weak The peso is weak because the dollar is strong,” 😅
Comment from : Evergreen

The Philippine peso is dropping but the Marcos government corruption is RISING 😂😂😂😂😂😂
Comment from : Pekin Duck

Foreign loans , IMF and world bank policy devaluation of currency to pay more
Comment from : Gerardo Berdin

Bad aspects of Philippine investment: Lack of basic infrastructure for transport and energy: like stable electricity, oil supply, road, railroad, seaport, airport, clean and safe water: Essential for operating manufacturing industry Stark inequality among people and social instability that leads to lack of domestic street security and working juridical system like high crime rate and unstable business transactions, corruption, non-functioning legal system for foreigner Lack of educated, skilled work force, high inflation and unstable currency and industrial policy All these instability drives foreign investor away and to other countries like more stable Vietnam
Comment from : youcantata

Hmmm there are times that PH need to make the peso lower value so that Dollars comes in in great bulks remember we have great numbers of overseas contract workers abroad Once they learn that dollar get higher value in the PH the OFWs send a lot of dollars in their relatives in the PH Its not actually weaker that sometimes allowable for some kind of reason The country needs more dollar reserves because of great infrastructures going on It is not true that our Peso is Weaker Remeber we have great Gold Reserves not only in the country but also deposited in different banks around the world We sell gold according to central bank we do not buy golds we sell/sold golds
Comment from : Pinky Dacuso

🇵🇭🇵🇭🇵🇭🇵🇭 Philippine economy is very as it's not reliant to foreign banks, FDI & tourism unlike its peers & a very robust GDP & local consumption ✔️💯🏆
Comment from : Liriqos _

Philippines is fucked up
Comment from : Kokolo Yama

Who are you?
Comment from : R3 Pro 12 R

BS
Comment from : Bal Liu

baka Pilipinas ang in danger sa kamay nila marcos at liza
Comment from : aldabog balbautog

😂😂😂
Comment from : Alexa Marykay Alas

These benefits are purely Sour graping?
Comment from : Emil Dexter Villegas

Never in danger at all why we have no investment in other country
Comment from : Florante Villaruz

Magmula noon nagka independence lahat nang namono presidente pababa walang tigel sa corruption ang pinakatinde si tatay degong naging baboy nang China 🇨🇳 wala nang tigel sa corruption at bobotante na nagpapaluko
Comment from : Leodilope Mondala

Devaluation of the currency is when the central bank steal wealth (purchasing power) from their own population by printing more money The poor and the middle class gets crushed and the parasitic elites get super rich Bitcoin don't suffer from this phenomenon
Comment from : Bt Doe