In the near term it would be wise to preserve PHP value. But the PHP weakness at the moment can not relate to the same weakness of the USD; as both currency are loosing some ground for sometime now. Do not expect the PHP to gain as much ground until the end of the 3rd quarter due to the fact that the PH is at a current account deficit so much more when the PHP weakness in value continues by then.
Therefore, whenever the stock market declines it becomes a triple whammy for PHP investors, as funds in stocks takes more than a year or so to have at least a decent enough gain especially for retail investors. Knowing how to stay properly invested without having to sacrifice being liquid enough to stay afloat and move in these types of market conditions takes a lot of due diligence and guidance.
And the only time you'd know is when it hits you!
USDPHP as of July 22, 2017
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