It has a greater advantage effect on foreign businesses than domestic enterprises because

their imported goods or dollar currency will increase, just like what is happening in our
country, which will result in higher sales and opportunities, and if it continues, it will continue
to lower the Philippine peso, which may result in inflation. However, according to studies, a
weaker Philippine peso can create good opportunities by making import and export more
expensive because we can export goods at more competitive prices, but the result of
exporting goods will reduce a country's competitiveness because if we have a stronger
currency we don't need to export our goods to other countries just to survive the weaker
currency and will make imports goods cheaper.