Quote:
Originally posted by Radar
Wrong!
Philippine economy depends on US!
but we are not directly affected since we also has ties with China but still this could affect our economy!
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Mexico also depends on US. But recently, mexican peso is gaining weight. Now 1USD = $10.77 USD. One of the lowest in months. Last year, mexican peso spent almost all the time around 11-11.70
Also USA is buying more to Mexico than in the past years.
Now, Mexico is more interested in Europe, Japan & China but the dependency of US economic is huge.