Peso crashes further below 63:$1, a new record low

BY NYAH GENELLE C. DE LEON

OCTOBER 20, 2026

EDITED BY FAITH HINOJOSA/INQUIRER PLUS GRAPHICS

The Philippine peso sank deeper into record-low territory on Monday, closing further below the 63-per-dollar mark as a stronger US dollar, elevated oil prices and mounting global uncertainties kept pressure on the local currency.

Data from the Bankers Association of the Philippines showed the peso closed at 63.09 against the greenback, shedding 10.5 centavos from its previous finish.

Peso sinks past 61 vs $1, a new record low

BY IAN NICOLAS P. CIGARAL

APRIL 29, 2026

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The Philippine peso fell to a fresh record low on Tuesday, breaching the 61-per-dollar level for the first time as a broadly stronger US dollar weighed on Asian currencies during a packed week of central bank meetings, including a Federal Reserve decision clouded by uncertainty over the Middle East conflict.

The local currency weakened by 59 centavos to close at 61.30 against the greenback, according to data from the Bankers Association of the Philippines, surpassing its previous record low close of 60.748 on March 31.

The peso also ended at its weakest level of the session, edging past its prior all-time intraday low of 60.84 recorded on March 30. Trading volume rose to $1.7 billion from $1.4 billion in the previous session.