Peso plunges to new record low at P62.4:$1

Business & Finance

1 Sep 2026 • 7:27 PM MYT

One of the longest-running English broadsheets in the Philippines

Peso plunges to new record low at P62.4:$1

MANILA, Philippines — The peso sunk to a new record low of P62.4:$1 on Tuesday amid stronger dollar.

The local currency further weakened to P62.4:$, breaching last Friday’s record low of P62.265:$1. It opened at P62.25 and ranged from P62.25 to P62.4:$1. Trading volume reached P1.305 billion.

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Peso plunges to new record low at P62.4:$1

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