While you were sleeping umutang po ang gobyerno ng mahigit ₱114 billion sa mga dayuhang mamumuhunan.
Dolyar po ang inutang nila. In today’s exchange rate of USD1 = ₱57.37 it’s a little over ₱114 billion.
If the Peso depreciates further to ₱58 to 1USD it shoots up to ₱116 billion.
That’s ₱2 billion more debt without us doing anything. This is the problem with Dollar denominated debt in a very strong USD environment.
Well, what can we do at mga walang kwentang hampaslupa lang tayo.
Good morning pala dun sa inutangan ko. Extend po ako hanggang katapusan.
Dolyar po ang inutang nila. In today’s exchange rate of USD1 = ₱57.37 it’s a little over ₱114 billion.
If the Peso depreciates further to ₱58 to 1USD it shoots up to ₱116 billion.
That’s ₱2 billion more debt without us doing anything. This is the problem with Dollar denominated debt in a very strong USD environment.
Well, what can we do at mga walang kwentang hampaslupa lang tayo.
Good morning pala dun sa inutangan ko. Extend po ako hanggang katapusan.
