Peso sinks to new low ahead of BSP policy rate setting

Inquirer.net - Oct 22, 2026

The Philippine peso fell to another record low on Wednesday as expectations of a more hawkish US Federal Reserve (Fed) bolstered the dollar, while investors awaited the next policy move of the Bangko Sentral ng Pilipinas (BSP). The local currency shed 27.1 centavos from its previous finish to end the trading session at 63.361, data

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