The Impact of a Strong US Dollar on the Global Economy and the Philippine Economic Reforms
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#19fdf91f ver:0.24

The strong US dollar is impacting the global economy and Philippine economic reforms. The dollar's strength is measured by the US Dollar Index (USDX), which has reached levels not seen since 2002. This is causing economic pressures worldwide, with many major currencies weakening against the dollar. The high rates and high USD environment pose risks for emerging markets and hinder world trade growth. The Philippines is facing difficulties due to the depreciation of the peso, impacting the carry trade and various sectors. To address inflation, reforms in the agriculture supply chain and combating corruption are recommended. #USD #global economy #Philippines...

#newstr #UsDollar #PhilippinePeso #CurrencyDepreciation #CarryTrade #OverseasFilipinoWorkers #Inflation #Agriculture #TariffRate #ComprehensiveAgrarianReformLaw #WarehouseReceiptsLaw 

 https://here.news/story/19fdf91f?ver=0.24