Like you say joe the electronic and pc equipment made in phill which mainly exported and remittances from ofws already seen reports its affecting indivuals who they say some are borrowing to remit home. This may have longterm problems, what with the credit crunch in the west starting to bite. Will the goverment have to devalue the peso or will some currency trader use the peso for some big bet like sorros i think it was did with the pound in the 9os?
