Peso plummets to new low of P61.30 
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Peso plummets to new low of P61.30 

April 28, 2026
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Posted 3 hours ago by

THE PESO tumbled to a new all-time low on Tuesday, breaching the P61 mark versus the dollar for the first time in history, on heightened inflation worries as global oil prices surged again after peace talks between the United States and Iran hit a deadlock.

Peso plummets to new low of P61.30 
BusinessWorld Online
BusinessWorld Online

Coverage and analysis from Philippines. All insights are generated by our AI narrative analysis engine.

Philippines
Bias: center

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