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Home South-eastern Asia Philippines

Record low: Philippine peso slides past 60 per dollar

by Asia Today Team
March 19, 2026
in Philippines
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Record low: Philippine peso slides past 60 per dollar
MANILA, Philippines — The peso slid to a document low on Thursday morning, breaching the 60-per-dollar mark as danger aversion tied to the Center East battle and a firmer US greenback weighed on the foreign money. The peso opened at 59.9 and slumped to an intraday low of 60.4, its weakest stage on document. The greenback has strengthened amid a flight to security, gaining additional help after the US Federal Reserve on Wednesday held rates of interest regular whereas elevating its inflation forecast and warning of an “unsure” outlook linked to the conflict in Iran. READ: US Fed holds charges regular, raises inflation […]…

Carry on studying: Report low: Philippine peso slides previous 60 per greenback



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