Rappler.com reports that a London-based research firm, Capital Economics, has a dire prognostication for the Philippine’s currency. 2019 Philippine Peso Plummet Predicted: P58. While a recent post dealt with the possibility of a 60 to 1 exchange rate vs. the US Dollar, this is the first report I’ve seen of an actual legitimate forecast for a historically low Philippine Peso at 58.
A recent article in Bloomberg Businessweek recently reported some good news for expats in the Philippines. “Ph Peso Seen as Asia’s Worst Performing Currency 2018.”