By Cielito F. Habito

Philippine Daily Inquirer-Oct 4, 2022

With the peso-dollar exchange rate now seemingly courting P60 to the dollar, our economy appears to be suffering from a case of LDM, or loose dollar movement. Dollars are indeed flowing out of the country for various reasons, foremost being how the US economy is sucking in its own currency with its rising interest rates. Read more at: https://opinion.inquirer.net/157541/dollar-diarrhea First published in Philippine Daily Inquirer