For the tens of thousands of Filipino maids working in Hong Kong and supporting families at home, currency markets have been unkind in recent years.
Based on the minimum wage, each would have taken home 25,300 pesos a month when Ben Bernanke announced the first round of quantitative easing in November 2008.
At the beginning of this month that had fallen to just 20,650 pesos, thanks to capital flows into Asia, which have driven up their native currency against the US dollar.
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