11. Moreover, a weak pesos increases the weight of dollar debts held by leading utilities. 12. Philippine stocks were mixed amid concern a weakening peso will increase the debt burden of companies with foreign debts and ultimately slow economic growth. 13. Some analysts have expressed concern that a weaker peso could increase the credit risk for dollar loans by making it more expensive for companies to pay back the money. 14. Some analysts have expressed concern that a weaker peso could increase the credit risk for dollar loans by making it more expensive for companies to repay them. 15. The weaker peso increases the burden of dollar debts held by the biggest utilities, which often go abroad for financing in search of lower interest rates. |