In Mindanao, strong dollar not all gainful for banana exporters
DAVAO CITY—Banana exporters in the country, who are mostly based in Mindanao, find that a strong US dollar is not all good for their industry. While a weak peso increases the exporters’ dollar-denominated revenues, this also drives up the cost of petrol-based fertilizers, which was aggravated by the skyrocketing price of oil due to the […]
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