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PHP/USD: Philippine Peso Declines to Match Record Low on Higher Oil Prices

Bloomberg Markets Wednesday 22 July 2026, 01:55 UTC By Benjamin Liu 1 min read
Key Points

Currencies Philippine Peso Declines to Match Record Low on Higher Oil Prices The Philippine peso dropped to match the record low as higher oil prices put pressure on the currency. The peso declined to 61.75 per dollar on Wednesday, a level that has held since late April.

Currencies Philippine Peso Declines to Match Record Low on Higher Oil Prices The Philippine peso dropped to match the record low as higher oil prices put pressure on the currency. The peso declined to 61.75 per dollar on Wednesday, a level that has held since late April. The Philippine Stock Exchange Index fell 0.4%.
PHP/USD (ORG) Philippine (ORG) The Philippine Stock Exchange (ORG)
Originally published by Bloomberg Markets Read original →

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