Why Is the Philippine Peso So Weak and Who Benefits?

In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped ...

Philippine Peso Drops to Fresh Record Low as Central Bank Says February Rate Cut on Table

The Philippine peso declined to a new record low after the central bank signaled an interest-rate cut and as traders assessed its tolerance for a weaker currency.
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Peso hits new all-time low P59.46:$1 amid BSP rate cut speculations

The Philippine peso nosedived to a new all-time low against the US dollar on Thursday amid anticipation of another round of ...
ABS-CBN on MSN

Peso dips to P59.46 to US dollar

The Philippine peso depreciated to P59.46 against the US dollar in early morning trade on Thursday.