PH Stock Exchange Dir. Vivian Yuchengco takes ‘Duterte’s mouth’ as not the cause of the fall of Philippine peso.
PH Stock Exchange Dir. Vivian Yuchengco clears out that Pres. Rodrigo ‘Rody’ Duterte’s mouth is not the cause of the recent continuous fall of the Philippine peso.
Previous reports entailed the fall of the Philippine peso. It has caught the public’s attention – an eye on the status of the economy, the effects to Overseas Filipino Workers’ families, and as well as the real root of its fall.
Undeniably, there are those who inevitably gave two factors a chance as roots of the fall of the currency of the country. There are those who attribute it to the issues of EJK in the country putting the Philippines in bad light in the sight of investors.
Another factor is the ‘gutter’ language of the President and his intense statements. His recent remarks against leaders of other nations have caught attention not just nationally but across the international arena.