USD value is so high now

@lady1993 (27225)
Philippines
July 13, 2022 7:50pm CST
It's definitely a good thing for people who are earning USD instead of our local currency, PHP. But it'll also cause an increase in prices of goods, since our country buys oil in USD. If oil becomes expensive, all others follow. The future is quite uncertain, I have to work a lot more these days.
3 people like this
7 responses
14 Jul 22
So sad that Peso is low now. Good thing for the people sending Dollar here in the Philippines but not when buying Dollars. Heard in the news that the price of sugar when up. Of course, everything follows :(.
2 people like this
@lady1993 (27225)
• Philippines
15 Jul 22
Yes, even the price of eggs too.
@yoalldudes (35040)
• Philippines
14 Jul 22
Our major need is food so I buy from local sellers of cooked food who plants in their garden so it is very cheap. Vegetable dish is 10pesos.
1 person likes this
@lady1993 (27225)
• Philippines
15 Jul 22
That is great that you have that alternative.
@yoalldudes (35040)
• Philippines
21 Jul 22
@lady1993 Recently I bought there again and they have increased it to 20pesos. I can understand them though.
1 person likes this
@lady1993 (27225)
• Philippines
22 Jul 22
@yoalldudes Oh wow that is a huge increase. Time to grow our own food now.
@stanley777 (9402)
• Philippines
11 Jan 23
Yeah, but it has gone down again. I wonder when it will go up
1 person likes this
@lady1993 (27225)
• Philippines
11 Jan 23
I actually hope it will go up again, even just for a week
• United States
14 Jul 22
Everything has gone up to such a high price, sometime 50% or more. I guess it's happening everywhere.
1 person likes this
@lady1993 (27225)
• Philippines
15 Jul 22
Yes, even the banks here have increased loan interests to keep people from borrowing so much.
14 Jul 22
I was wondering how did the US currency got so high... do you have any idea whatsoever?
1 person likes this
@lady1993 (27225)
• Philippines
15 Jul 22
Hmm, not exactly sure. I'm not good at stocks
15 Jul 22
@lady1993 Me too..
@JimBo452020 (42629)
• United Kingdom
14 Jul 22
Just look at what is happening globally. If you haven't already experienced huge price increases in almost everything Trust me You will do soon enough
1 person likes this
@solidcodes (1690)
• Philippines
14 Jul 22
How much is the exchange rate now?
@lady1993 (27225)
• Philippines
15 Jul 22
1 USD it at 56 PHP right now, and just keeps on rising
1 person likes this