Strong US Dollar to the Philippine Peso #philippines

The Philippines Peso is trading at 56 to the USD. Philippines is weathering inflation well. I talk about a report that Americans spending lots of money in Europe. It's unclear what the new president Bongbong Marcos will do. Manila is Likely going to take over Hong Kong as the financial hub in southeast Asia. But most remote workers are not benefiting from the strong dollar as even Paypal is only exchanging the US dollar at 50 and also charging fees of 9% or freelancers. rum