(Good old days for the dollar! This was taken November 27, 2003. File photo from Agence France-Presse)

For the longest time, the dollar has been the darling currency of the world. In an earlier post, I asked if it was a doomed currency, but as a good friend pointed out, if it is really the end of the road for the greenback, why do its hiccups still affect world markets?

More and more, however, other currencies are starting to shine. So here’s a quick tip for overseas Filipino workers struggling with the weakening dollar: get paid in the local currency.

Of course, this will only work if you are not working or living in the United States. (Duh). Several of my friends, for example, work for Canadian companies. Instead of getting paid in the US dollar, which was the currency of choice for the longest time, they decided to get paid in the Canadian dollar. It proved to be a good plan as the US dollar slid continuously the whole year.

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