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BusinessWorld E-paper

November 13, 2025

THE PESO fell to a new all-time low against the dollar on Wednesday as the dollar was buoyed by hopes of the US government reopening, while the local unit was dragged by expectations of slower growth.

The local unit closed at P59.17 versus the greenback, sliding by 18.5 centavos from its P58.985 finish on Tuesday, Bankers Association of the Philippines data showed.

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