Markets•2 reports
45DOOM SCORE
Philippine peso lingers near record low
Philippines
First seen: Sep 8, 2026, 1:17 PM UTCUpdated: Sep 8, 2026, 6:46 PM UTC
WHAT HAPPENED
The Philippine peso remains near a record-low level of P62 to the US dollar. The depreciation is prompting concern about its effects on households and the wider economy.
SO WHAT?
A weaker peso can raise the local cost of imported fuel, food and other goods.
FOR ME
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