BusinessWorld E-paper
April 29, 2026
THE PESO tumbled to a new all time low on Tuesday, breaching the P61 mark versus the dollar for the first time in history, on heightened inflation worries as global oil prices surged again after peace talks between the United States and Iran hit a deadlock.
The currency closed at P61.30 a dollar, plunging by 59 centavos from Monday’s P60.71 finish, according to Bankers Association of the Philippines data posted on its website.
