How covid has impacted business in the Philippines
Strategy Driven
AUGUST 20, 2020
The latter saw a sequence of currency devaluations and after the Thai government reversed the decisions to peg the local currency to the USD, which also triggered stock market declines and reduced import revenues. This also sent real GDP growth tumbling to a little over 1% (1.3%)overall, respectively. in 2019 to just 1.2%.
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