MANILA, Oct. 4 – The Philippine peso remains “very strong” in real terms and the current movement of the local currency will actually help improve the competitiveness of our exports and the value of our dollar remittances, which benefits around 40 percent of the domestic economy, according to the Department of Finance (DOF). DOF undersecretary and concurrent chief economist Karl Kendrick Chua said the Philippine peso is expected to remain “broadly stable” over the medium term […]