Philippine peso sinks to new record-low of P61 vs US dollar
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Philippine peso sinks to new record-low of P61 vs US dollar

April 28, 2026
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Posted 3 hours ago by

The depreciation of the peso may be seen as a win for dollar earners, but it also makes imports such as oil and food more expensive since these are often paid for in US dollars

Philippine peso sinks to new record-low of P61 vs US dollar
RAPPLER
RAPPLER

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

Philippines
Bias: lean left

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