Peso poised to hit record low amid strong dollar surge

01/09/2025

The Philippine peso may fall below the 59:$1 mark in the second quarter of 2025, reaching a new record low as Asian currencies weaken due to the strong US dollar. HSBC Global Research economist Aris Dacanay told…

Peso drops to 58.9 to a dollar, lowest level in 2 years

Ian Nicolas P. Cigaral - @inquirerdotnet 11/21/2024

MANILA, Philippines — The Philippine peso dropped on Wednesday close to a few centavos away from a record level of 59.  It is, however, its lowest level in over two years as the Philippine peso was overpowered…

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