Peso sinks to new all-time low for second consecutive day

Business & Finance
15 May 2026 • 10:06 PM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Peso sinks to new all-time low for second consecutive day

The peso has sunk to a new all-time low for the second day in a row, closing at P61.721 against the dollar on Friday.

The Friday figures also reflected an 8.1-centavo loss from the previous historic low of P61.64:$1 recorded during the previous session.

The peso-dollar exchange opened trading at P61.63:$1 and ranged from P61.57:$1 to P61.73:$1, with the volume reaching P1.19906 billion, lower than the P1.57859 billion trading volume recorded during the previous session.