Why is the Peso getting weaker? (For the common tao)

OFWs may rejoice at first with the exchange rates getting more pesos for each dollar or whatever currency for that matter. However, it is only the tip of the iceberg. Goods which generally require materials from abroad would entail more acquisition costs and the Filipinos will need to deal with the price increases. Despite more pesos for now, it projects “more pesos for the same quantity of goods”.