Markets•2 reports
48DOOM SCORE
Philippine peso falls to record low against U.S. dollar
PhilippinesUnited States
First seen: Aug 28, 2026, 12:31 AM UTCUpdated: Aug 28, 2026, 5:16 AM UTC
WHAT HAPPENED
The Philippine peso fell to a record low of 61.888 per U.S. dollar.
SO WHAT?
A sharply weaker currency can raise import and debt-servicing costs and intensify inflationary pressure.
FOR ME
Impact on Switzerland
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COVERAGE