Our kababayans receiving remittances and those in the export business are usually the first to welcome a weak peso. Philippine exporters are also worried about the steep drop of the local currency, with regional counterparts caught in a similar situation competing for the same foreign markets.<br /><br /><br />Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/<br /><br />Follow our social media pages:<br /><br />• Facebook: https://www.facebook.com/CNNPhilippines<br />• Instagram: https://www.instagram.com/cnnphilippines/<br />• Twitter: https://twitter.com/cnnphilippines<br />
