The Dollar is getting stronger! Are you happy about this?

i do not know much about these but then i think i am also happy as i will be getting more from my paypal. happy mylotting and have a great day.

As I am getting my service charges from abroad I have every reason to be happy.

I use paypal to buy things over the internet especially ebay. Since it is only a small sum that I have in it I don't take notice whether the dollar is strong or weak and how it affects my currency.

I can't say if I'm happy or sad because I haven't received any of my earnings from my online programs yet. . This is not good for the Philippines though because it means that the Philippine Peso is "devaluating ", which also means that the economy is going down. Which might also mean a higher inflation rate.

Sorry to say this, that I personally not that happy with the exchange rate. Maybe I am not used to track the rates because I have nothing to do with what will happen to our peso. Sorry that I cannot feel how our peso fights back lately with the dollar. And sorry again to hear that only those with lots of money, maybe, are happy with the situation. I don't know really what to say about the peso-dollar exchange rate. But that was before. Before I am not with mylot, earning dollars. And now, I guess, frankly, with our dollar earnings here, I feel a bit sad when peso gets stronger. I know you know what I mean. Do I sound selfish too?

The dollar getting stronger may be good for mylot users becase their earning will be converted more into their own currency. Take for instance india, the dollar was worth 40 odd indian rupees. But, now it is around Rs. 50. Thus, their same earning in dollar will be worth more in rupees. But, have you ever wondered about the serious repucuttions this will have on the global economy. The US econnomy is declinig and the price of dollar is increasing. It will have an impact on the global economy as the imports and exports will become costlier than before. I think we must not be too selfish to think only about us. In my opinion this is not good and will definitely affect all in the long run. We are now neglecting it's aftereffects such as inflation. Just think over this!!!!

For those that have the dollar then it is good news for them, but for those that doesn't have that then they are not affected at all. For the Government side of things I guess its bad news since the loans they are going to pay is much higher in value in terms of peso equivalent. So are those big businesses that have a dollar denominated loans it just means that they have to exert more effort to be able to cope up with the hike $ value. But on my own I guess I also am happy when dollar rates is higher than lower since I do have a few dollars that I have been keeping for the past few weeks and is just waiting for it to go up a little bit.

The peso got strong at certain times, but life was still the same. The rich gets richer and the poor gets poorer. Prices of commodities are still getting higher. I think stronger dollar is only good for OFWs and their families, and to dollar earners in our country and online. But to a lot of Filipinos, I guess, nothing changes. Still need to strive harder for a good life.

I am very much glad to hear that my friend. At least my $100 dollar to be sent to the Philippines would be P 4,800? wow!! they can have a little feast on Christmas with that small amount ha? I would be more happy if dollar will climb up to P50 or more. I remember one time when dollar reaches to P52 pesos? that was great!!!

for me its ok because we can earn a lot of money, and its ok if php is going stronger as long as the prices of our needs for our daily living is going cheaper and cheaper. ang mahal ng bilihin ngayon. hehe. who shall we blame on it?

Wow thats a very large amount of savings.good for you.me i havent save anything at all which is really sad.I guess im in favor with you.the economy is still not doing good eventhough the peso againts dollar rate went to our advantage.Our economy still sucks so i guess its better to sustain the present peso dollar rate today.it will also be of big help to the families of the OFW's here in our country.

For those who have relatives on abroad and gaining dollars I'm sure they are rejoicing. The same with us, we are dependent on dollar remittance so we are happy that it was going up. I don't see the difference between the up and down of currency exchange here because, it doesn't have effect to a small consumer. We don't feel if the dollar are low or high in terms of spending money in small groceries. The price has nothing change. The same as when the dollar is high and when it's low. Hoping that all goods has the price control from the level up to down. When dollar is up the more expensive are the commodities and when it's down the with the commodities are still high. Where is the difference, nothing I see. That is our economy goes..

My purchasing power on Ebay has been reduced since the medium of exchange is in US dollar. The increase in US dollar might have a slight effect on the US exports but will encourage foreign imports with a stronger dollar. From a economist perspective,, many exporting countries will indirectly benefit the appreciation.

The time that the Philippine Peso is so strong many OFW's families are suffering. I think it is so much better that the dollar is stronger!

I'm happy that dollar is inflating again because I have a relative working abroad and earning in dollars. When he sends dollars to me, I immediately go to the money exchange and change dollar to peso. The exchange is higher in value.

I am the opposite, I work in Taiwan and have to send my money home to America, so my income(relative to the dollar) gets worse as the dollar gets better.

I am so happy about it,even though i am not an ofw.Remittances from ofw to their family will converted into a high rate.Anyways it doesn't affect me directly.

The dollar is only as strong as the IMF and World bank want it to be.

Wow good to hear that from you. So it means to say that you have $1,000 dollars in your paypal account. That's really fantastic, that is basically my dream., to make at least $1,000 in my paypal and exchange all my earnings this coming Christmas.