Peso tumbles beyond 63:$1

Inquirer.net - Oct 16, 2026

MANILA, Philippines — The Philippine peso weakened further on Friday, hitting another record low against the dollar as expectations of higher US interest rates bolstered the greenback. The local currency opened at 63.03 per dollar before sliding to an intraday low of 63.23 during the morning trade, according to data from the Bankers Association of the

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