please help me with these two questions thank you so much.

Excerpt from The Economist, July 25, 2020: (The Philippine peso) is one of a handful of emerging-market currencies to have strengthened against the dollar this year. Its steadfastness says a lot about the resilience of the Philippine economy. It helped that the oil price was plunging (and consumption within the country was falling), dramatically cutting the Philippines' import bill. The (Philippine Central Bank) did cut interest rates to keep credit flowing, which in normal times might have caused the peso to weaken. But Nicholas Mapa of ING, a bank, thinks foreign investors held on to Philippine assets because interest rates remain higher than in rich countries, yet the Philippines is seen as a safer bet than most other emerging markets. What might one say about the peso strengthening against the dollar? 0 a. This is good for the Philippines because a stronger currency is always better than a weaker currency. 0 b. The stronger currency may be good for producers who export to the US or compete with American imports, but bad for consumers. O c. This is bad for the Philippines because a weaker currency is always better than a stronger currency. 0 d. The stronger currency may be good for consumers but bad for producers who export to the US or compete with American imports. C) e. The stronger peso is likely to cause inflation in the Philippines, which means the Philippines central bank will need to raise interest rates. Briefly explain your reasoning for your answer to the question above