Peso Nears Record Low as Inflation Picks up - BusinessWorld Online

Peso flirts with new record-low amid bullish dollar run

MANILA, Philippines — The Philippine peso on Wednesday tested a new record low during the morning trade. This was against a rallying US dollar as investors focused on upcoming economic data stateside. READ: Peso sinks to new low of 59.22 vs $1 The local currency opened the session at 59.24 against the greenback before posting a low of 59.355. This was past the record low finish of 59.22 seen in December 2025. READ: US dollar still dominates fore…

Peso nears record low as inflation picks up - BusinessWorld Online

THE PESO weakened to a fresh one-month trough against the dollar on Tuesday to close just a shade higher than its record low as December inflation was faster than expected and as geopolitical concerns continued to weigh on sentiment. The local unit closed at P59.21 versus the greenback, sliding by eight centavos from its P59.13 finish on Monday, data from the Bankers Association of the Philippines data showed. This was its worst finish in nearly…