The peso closed at 17.65 to the dollar on the third Thursday of 2026, the lowest the exchange rate has been since July 2024.

The Philippine peso hit a historical low closing price of P59.44 per dollar on Wednesday, continuing a trend of depreciation since the beginning of the year. Exchange rates are notoriously difficult ...

THE Philippine peso weakened to a new record low against the dollar on Thursday as markets priced in the possibility that the Bangko Sentral ng Pilipinas (BSP) could cut interest rates ahead of the US ...

THE peso continued to weaken on Thursday, hitting a third record low for the year amid a strong dollar and concerns over economic growth and interest rates.

The economics doesn’t warrant defending the peso,” BSP Governor Eli Remolona Jr. said last Thursday. But he also stressed ...

The peso strengthened nearly 14% in 2025, its best year since Mexico abandoned a fixed exchange rate over 30 years ago.

MANILA -- The Philippine peso depreciated to P59.46 against the US dollar in early morning trade on Thursday. The peso closed at P59.44 against the US dollar at the end of trading on Wednesday.

The Philippine peso declined to a new record low after the central bank signaled an interest-rate cut and as traders assessed ...

THE PHILIPPINE PESO slid to a record low of P59.44 a dollar at Wednesday’s close, failing to sustain support seen late last year due to renewed demand for the greenback amid heightened geopolitical ...