BusinessWorld E-paper
March 20, 2026
THE PHILIPPINE PESO sank to a fresh record low on Thursday, breaching the P60-per-dollar mark and heightening inflation risks from more expensive imports.
The local currency closed at a new record low of P60.10 a dollar — 58 centavos weaker than its Wednesday finish — as markets reacted to Iran’s retaliatory attacks on Israel and US assets in the Middle East.
