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BusinessWorld E-paper

July 23, 2026

THE PESO weakened on Wednesday to match its all-time low against the US dollar as a re-escalation in the Middle East conflict heightened concerns over inflation risks.

The Philippine peso closed at P61.75 against the US dollar on Wednesday, inching down by half a centavo from P61.745 on Tuesday, based on data on the Bankers Association of the Philippines’ website.

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