Former NEDA chief calls peso ‘overvalued’

THE PESO has been “overvalued” far too long, putting the Philippines at a disadvantage relative to Indonesia, whose exports have become more competitive as a result, a former chief economic planner said. Former National Economic and Development Authority (NEDA) Secretary Cielito F. Habito, speaking at a briefing at the University of the Philippines School of […]

Former NEDA chief calls peso ‘overvalued’
THE PESO has been “overvalued” far too long, putting the Philippines at a disadvantage relative to Indonesia, whose exports have become more competitive as a result, a former chief economic planner said. Former National Economic and Development Authority (NEDA) Secretary Cielito F. Habito, speaking at a briefing at the University of the Philippines School of […]