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Import Collapse Turns Into a Boon for Philippines' Currency.
- Source :
- Bloomberg.com; 7/9/2020, pN.PAG-N.PAG, 1p
- Publication Year :
- 2020
-
Abstract
- (Bloomberg) -- One consequence of the Philippines' struggling economy is turning into a boon for its currency. A collapse in imports has had a positive effect on the nation's trade deficit, leading to lower demand for overseas currencies and helping to strengthen the peso. [Extracted from the article]
- Subjects :
- PESO
IMPORTS
BALANCE of trade
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 144478165