"Ina-undermine tayo ng mga Amerikano ngayon. They are manipulating na ang peso raw ay bumababa," The President said.
President Rodrigo Duterte believes that the United States is undermining the Philippines, pointing to the recent dip of the Philippine peso as proof.
"Kinakaya-kaya kasi tayo ng mga Amerikano. Binabastos na ba. There is always China and I talked to Russia Prime Minister Dmitry Medvedev doon sa... Kapag inipit nila ako, I will have alliances pero hindi tayo makaalis. We have RP-US pact eh. New alliances of commerce and trade," he added.
The Philippines and the US are treaty allies, having signed a mutual defense treaty in 1951 and a visiting forces agreement in 1998. The US is also the Philippines' biggest foreign investor and the country's second biggest export market next to Japan.
But the relationship has been frayed under Duterte, who has bristled at criticism about the rising death toll of his administration's drug war from the US and other institutions such as the United Nations and the European Union.
Duterte responded by daring investors to get out since he was ready to make deals with China and Russia.
"The depreciation of the peso, as far as I'm concerned, is no cause for concern," Diokno said.