BusinessWorld E-paper
October 27, 2026
THE PESO sank to another record low against the US dollar on Monday, nearing the P64-perdollar mark as renewed oil price volatility and growing concerns over stagflation weighed on investor confidence in the Philippines.
The currency slumped by 33.5 centavos to end at P63.95 against the greenback from its previous weakest close of P63.615 on Oct. 23, Bankers Association of the Philippines data showed.
